Want to Save Our Economy from Almighty Greed? Here Are 10 Crucial Fights and Key Fighters to Watch
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Dodd was skewered in Michael Moore's recent film, and his approval ratings have been in dangerous territory since the AIG bonus outrage broke in March. He's up for re-election in 2010. Connecticut voters would be wise to make him earn it.
10. Obama. The president ran as an economic progressive, promising a robust Wall Street overhaul, but he has offered a tepid set of reforms that only a banker could love.
He has eschewed investigations of what the FBI believes to be an "epidemic" of fraud in the banking industry and failed to take significant action to avert the foreclosure crisis.
He appears willing to slap a "serious reform" label on whatever drivel Congress can pass. But Obama does have some sane economic instincts: His stimulus package has helped stop the economic bleeding, and his plan to create the CFPA is urgently needed.
A change of tone, or a new set of priorities from the White House, could radically alter the political playing field for the better.
Zach Carter writes a weekly blog on the economy for the Media Consortium. His work has appeared in the American Prospect, the Atlanta Journal-Constitution and on CNBC.