‘With U.S. inequality at its highest point since 1928 and Wall Street bonuses hitting pre-2008 levels, we look at the 100-year history of secret collusion between Washington and the financial industry. In her new book, “All the Presidents’ Bankers: The Hidden Alliances That Drive American Power,” financial journalist Nomi Prins explores how a small number of bankers have played critical roles in shaping a century’s worth of financial, foreign and domestic policy in the United States. Prins examines how these relationships have influenced events from the creation of the Federal Reserve, the response to the Great Depression, and the founding of the International Monetary Fund and the World Bank. Now a senior fellow at Demos, Prins is a former managing director at Bear Stearns and Goldman Sachs, and previously an analyst at Lehman Brothers and Chase Manhattan Bank.’ (Democracy Now!)
View original post 8 more words
Barack Obama’s presidency is failing.
Despite what he and his cheerleaders in the press think, he is still losing the argument over ObamaCare. The program has posted a few non-catastrophic enrollment numbers lately, but a lot of the public has already made up their minds. They never liked the program much to begin with, and now that they know what’s in it, they like it even less. The economic recovery, such as it is, continues to be slow, painful, and jobless. The president’s foreign policy is spinning out of control in all directions.
So the left is doing what they always do when their policies fail: make everything about race, instead. If the Obama presidency itself is what’s failing, then his whole presidency—the one that was supposed to usher in a post-racial era—must be all about race, too.