POLITICO Arena: Dean Baker's response to 'Open Mic, 03/06-03/08'

Why not tax Wall Street speculation? Why not tax every stock trade over a certain amount? Why not impose an Eisenhower era tax rate on Hedge fund managers?

Oh, don't be reasonable!

POLITICO Arena: Dean Baker's response to 'Open Mic, 03/06-03/08'

Greece-Goldman Sachs Deals Were 'Completely Scandalous' - And Perfectly Legal: Martin Wolf (VIDEO)

Excellent points!



Obama's priorities, to be kind, seem highly suspect and quite questionable. He spent $750 billion for a Wall Street bailout and less than 2 billion on home mortgage modifications? I'm not good at math, but he seems to priviliage the privilaged over Main street, doesn't he?



The gap between his inspiring campaign promises and actual performance is so large that we might end up with a GOP president and Congress.



Competence and focus seem like very fair questions at this point.
About Greece
Read the Article at HuffingtonPost

Competence Is a Fair Question about Obama

At some point, competence becomes a very fair question.

Is Obama competent? Which proposal of his administration has actually worked the way it was intended? Why did his credit card reform lead to such huge increases in credit card interest rates? Why did Wall Street get a $750 Billion dollar bailout ... and his home mortgage program receive 1.5 billion?

Worse, read this disturbing Huffington Post article titled: Obama Plan to Modify Second Mortgage Has Yet To Help One Homeowner
And why has his much hyped second mortgage program failed to help a single homeowner?

Again, competence is a fair question.