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September 22, 2009

Is Obama Impotent In The Face Of Corporate Opposition?

-- by Dave Johnson

Not my choice of words. A European paper declares Obama the impotent because of US inaction on climate and financial reform.

The reason for the Congressional inaction on these issues is corporate money and Obama's insistence on "bipartisanship." Since the Republican Party is a wholly-owned subsidiary of big corporations, this means Obama is insisting on the big corporations telling the rest of us what to do.

I will be covering the G20 this week from Pittsburgh, where topic number one is U.S. financial reform.

Posted by Dave Johnson at September 22, 2009 8:08 AM


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