November 26, 2014

DEMOCRATS VS. OUR REPUBLICAN PRESIDENT:

Obama's Treasury Nominee Is a Wall Street Shill (ROBERT KUTTNER, NOVEMBER 26, 2014, American Prospect)

If you want to understand what makes Elizabeth Warren so special in American politics, consider her nervy leadership of the campaign to block President Barack Obama's foolish nomination of one Antonio Weiss to be the top Treasury official in charge of the domestic financial system, including enforcement of the Dodd-Frank Act.

For most of his Wall Street career, Weiss has epitomized everything that reeks about financial abuses. As chief of international mergers and acquisitions for Lazard, Weiss orchestrated what are delicately known as "corporate inversions," in which a domestic corporation moves its nominal headquarters offshore, to avoid its U.S. taxes.

Posted by at November 26, 2014 8:42 AM
  

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