Monday, September 17, 2007

Obama vs. Wall Street

Obama blamed Wall Street for wasteful and unethical anti-market practices such as corporate boards that allow executives to set the price of stock options to guarantee they'll make money regardless of performance and CEOs who get massive severance packages or perks even when workers lose their jobs or pensions. But he also accused the Bush administration of approving mergers with little scrutiny and maintaining more than $1 trillion worth of corporate tax loopholes.

- AP/Forbes (read full story here)

What a guy. He knows what is best for everyone.

1 comment:

Mark said...

Obama is so clueless. He has no idea what he is talking about. He would not be qualified for even a junior position on Wall Street or for any major company.

It is too bad he won't get on the ticket.

He is such an easy target.

What a joke that he is even being considered.