From my other blog, Memphis Socialists
In response to President Obama telling Business Week that he doesn't begrudge the excessive CEO pay and bonuses o Wall Street, several progressive commentators and bloggers have been in disbelief that Obama still does not seem to understand the magnitude of the disgust the American workers feel toward the capitalist class in the United States. In fact, Obama and the Democratic Party have been trying to win more support from the Wall Street business class that created the Great Recession. While the "leaders" and funders of the Democratic Party have been focusing on saving capitalism and the corporate elite, workers on main streets are desperately looking for a populist movement to support and fight back!
Paul Krugman, Oh.My.God Obama Clueless
Simon Johnson, Obama Still Doesn't Get It
Is Obama Committing Political Suicide? Calls Obscene Wall Street Bonuses Part of the "Free Market System"
Obama Bows to the Whinning of the Rich
What Does Obama Stand For?
Is Obama Trying to Dismantle Roosevelt's New Deal?
Thom Hartmann, Obama vs. FDR
FDR's Madison Square Garden Speech (Oct. 31, 1936)
Democratic Socialists Win Elections
3 weeks ago