Ted Rall notes that, behind the faux “cap” on CEO pay, mock outrage pours a new glass of Kool-Aid for Obamiacs while diverting his administration away from acting on what the real outrage is that his mock populism tries to cover up.
He also says that the cap itself, if real and not faux, would extend a few levels of executives deeper than I actually does.
On taxes, some Democrats note that Obama’s tax bill still has too many loopholes for the rich. BUT… which rich?
The ones like those at Goldman Sachs, Obama’s No. 1 contributor for most the election cycle?
That said, even Democrats haven’t made enough noise about regulatory reform of the financial system.
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