[Sosfbay-discuss] Obama's new direction re banks?

[Gerry Gras]

I can't think of a good reason to listen to Summers, but I miss
the relevance to the truthdig article.

Gerry


Wes Rolley wrote:

> If Larry Summers helped create the problems of Wall Street under 
> Clinton, why should we listen to an un-apologetic Summers on the economy 
> now.  At least Greenspasn said "I made a mistake."
> 
> Wes
> 
> Gerry Gras wrote:
> 
>> "Finally President Barack Obama has come to his senses on financial 
>> regulation. His endorsement of what he calls the "Volcker Rule" for 
>> once puts him squarely on the side of ordinary Americans as opposed to 
>> the banking bandits who have so thoroughly fleeced the public."
>>
>>      http://www.truthdig.com/report/item/volcker_rules_20100202/
>>
>> Gerry
>>
>>