Obama signs a bill that lets banks have US over a barrel once more

This article is introduced as my own because the URL doesn't fit the CAF publish URL limit. It is an embittered review of a lost opportunity. Who is Obama? Who does he work for?

By Liam Halligan, London, Daily Telegraph
Published: 9:26PM BST 24 Jul 2010

It would be tempting to smile at such a wry observation if the situation it described wasn't so depressing. For what the US political establishment's non-response to the credit crunch illustrates is this: such is the lobbying power of the big Wall Street institutions that they not only caused a global economic crisis and then forced the US government to pay for a massive bail-out, but then used a slice of that bail-out cash to bribe politicians with campaign donations in order to block rule changes that might prevent a repeat performance.

Full Story Here: Obama signs a bill that lets banks have US over a barrel once more

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