Good job, Obama.

By Daniel at 21 January, 2010, 10:30 pm


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Very good. Obama is now distancing himself from advisors like Summers and Geithner who had a vested interest in preserving the status quo.

Obama is now listening to the people and to those who speak for the people.

These new proposal cut to the heart of the problem. Please note he is not abandoning any of the prior proposals, just adding additional and much needed basis reforms.

Obama has asked the banks, nicely, several times, to stop blocking reform. It appears they didn’t get the message. The more they persist in standing in the way of progress, the smaller the pieces they will eventually have to be cut into.

The odds that America will be made safe for capitalism are better today than they were yesterday. I look forward to a day when the middle class can work, save and invest safely, without being prey to the machinations of big banksters.

- Tom Armistead


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