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Rob Johnson: Make Politicians Afriad Of Wall Street Cash

Isaiah J. Poole's picture
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Economist Robert Johnson says progressive activists are going to have to fight more aggressively against the forces on Capitol Hill and the White House who are working on behalf of the financial services industry to block financial reform, given the kinds of deals now being cut by the Obama White House and some Democrats in Congress.

Johnson says that while there is some good news in the recent moves toward creating a financial consumer protection agency, legislative proposals to curb the behavior of so-called "too-big-to-fail" banks remain seriously flawed. We ask Johnson how ordinary citizens can fight back against the corporate cash that is diluting reform.