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Under Obama, Our Banking System Still Sucks

The vast majority of those declines were accounted for by the absence of large donors who, strategists say, have shut their checkbooks in part because Democrats have heightened their attacks on the conduct of major financial firms and set their sights on rewriting the laws that regulate their behavior. – Democrats Are Jarred by Drop In Fundraising

Dylan Ratigan acquitted himself very well in his interview with Michael Moore.

I challenged Joe “I am a capitalist” Scarborough, doubtful he could do the same. That is, if they even invite Mr. Moore on “Morning Joe.”

One of the classic things about Moore’s new movie, “Capitalism: A Love Story” which opens next week, is that he fully and completely eviscerates Ronald Reagan on the economy and deregulation. One classic snippet shows Don Regan telling President Ronnie to hurry it up during a speech, with other clips showing Reagan the pitchman, which is what he was as president.

That’s why I just cannot understand why Barack Obama continually invokes Ronald Reagan. It’s one thing to have fled Jimmy Carter’s weak wrist grip in 1980. Though having been one of those people who started out rooting for Kennedy, only to feel no choice but to run into Ronnie’s direction, it didn’t take long before I knew I’d been hoodwinked. That Obama still doesn’t get the disaster of Reagan’s presidency is stunning, especially since he’s having to clean up after what he began, not only economically but in Central Asia as well. And Obama invokes Reagan while never mentioning the two-term presidency of WJC, which is his right, but the ignorance of elevating Reagan given what we now know is really unfortunate.

Moore on Tim Geithner, Paulson and many others, including Democratic Senators Conrad and Dodd, is positively vicious. This is particularly true of Geithner. To paraphrase, which I tweeted last night: Geithner screwed up everything he touched. “Gives you the wrong answer but the answer you want”.

As for Obama, it’s “Government Goldman” in charge. …as in Goldman Sachs, of course.

We are so screwed. But you already know this, don’t you? You’re living it.

About Taylor Marsh

Veteran political analyst and author of "The Hillary Effect - Politics, Sexism and the Destiny of Loss," now available in print at Amazon.com, and 1 of 4 books chosen by Barnes and Noble to launch their "NOOK First" Featured Authors Selection program. Former Miss Missouri, Broadway dancer, & relationship consultant at LA Weekly, produced & wrote one woman show "Weeping for JFK."

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