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  1. 21 October, 2009 21:15

    I read today in the NYT about Volcker being marginalized in the Obama WH in respect to his advise on how to obviate another financial crisis. I wrote a post on it arguing that the nation’s financial houses are apparently able to squeeze out even a credible voice that is no longer in their financial interest. I am much less surprised to find this going on, than that Barak Obama and those he has selected as his advisers are represented here as being on the side of the financial culprits. A case of cooptation, I believe. I’m assuming that Barak wants a second term pretty bad and is willing to… (you know)

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