Salon - Obama Sells out to Wall Street

Obama sells out to Wall Street
The president-elect's support of the bank bailout is payback to his wealthy Wall Street supporters.
By David Sirota

Jan. 17, 2009 |

The veto is the legislative equivalent of a nuclear warhead -- a rarely used instrument of devastating force that singularly vaporizes the votes of 535 elected representatives. So when a president-elect issues a veto threat before being sworn into office, it sets off a particularly big explosion because it is a deliberate agenda-setting edict about priorities for the next four years.

That's why every American who isn't a financial industry executive should be nervous...


Full Article at: http://www.salon.com/opinion/feature/2009/01/17/sirota/