The new Treasury Secretary has hired a former Goldman Sachs lobbyist as his chief of staff. And, even if this passes the letter of President Obama’s anti-lobbying ethics reform executive order, it sure doesn’t pass the spirit of it, or the smell test.
And, I’m not sure if it even passes the letter of the lobbying rules.
If this isn’t proof that the second round of TARP disbursements, and much else within Obama administration economic efforts, will be targeted at Wall Street and not Main Street, I don’t know what is. (In other words, per the one Democratic National Convention commercial, Obama's financial administration IS about Smith Barney and NOT about "average Joe" speaker Barney Smith.)
For the non-diehard Obamiacs, please tell me you’re not surprised.
And, I hope you're not surprised that MSLBs haven't noted this issue yet.
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