A Progressive Critique of Obama, From the Financial Sector
MarketWatch is not normally known as a hotbed of progressive thought. Yet that’s where this scathing critique of Obama from his left side appeared, under the title, “How Obama is Failing Investors” by Paul B. Farrell. It was published on the one-year anniversary of Obama’s inauguration, and still very much worth reading.
Here’s a little taste:
You are failing us. Many people now question voting for you, and your ‘fat-cat bankers’ are destroying capitalism and democracy.
A year ago, millions of Americans — investors, taxpayers, consumers, voters — came together, uplifted by the “audacity of hope,” inspired by a vision of “change we can believe in,” heartened by “bold and specific ideas about how to fix our ailing economy and strengthen the middle class, make health care affordable for all, achieve energy independence and keep America safe in a dangerous world.”
“Yes, we can” was the rallying cheer. You were the game-changer after the Bush-Cheney fiasco. What happened?
