Wall Street is widely despised by an American public that lives with the consequences of bank behavior every day. The President and the party were once widely trusted by the public to rein in the banks and save the economy, but that reputation's been tarnished by the fact that they're now seen as overly cozy with the big financial players. And who can forget those visitor logs that showed just how entwined the Administration and big business have always been?
With all the traffic between this Administration and Wall Street, maybe this week's Presidential appointees should be sworn in on a round -trip ticket for the Acela Express.
The choice of a JPMorgan Chase exec to run the White House operation seems like a bad move under the circumstances, and it probably is. But if Bill Daley took three simple words to heart, and had the President's blessing to act on them, it could change everything. more »
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