The Bill Moyers Journal interview linked below takes a close look at President Obama’s reliance on the very economic “experts” who got us into the present catastrophe in the first place.
According to Simon Johnson, former chief economist at the International Monetary Fund, there is a technocratic view in Washington that the government shouldn’t be too tough on banks, because that will have adverse consequences for credits, and for the economy, and for unemployment. But that isn’t a surprising view, since those in favor of it are the ones running the banks -- and they are wrong.
Frankly, I'm concerned about the people Obama has surrounded himself with. The Secretary of Agriculture, Vilsack, is pawn for Monsanto and is a complete and total let down -- a slap in the face to the natural health community, It seemed that this position would be one area Obama could show his true colors without perceived as putting the economy or "security" in jeopardy, an area where "change we need" might become reality. But that has not proven to be the case.
For an intriguing look at what is being done (and what should be done instead) regarding the economy, click the link below. I’ve also posted on this page an extraordinary Frontline video about September 18, 2008 -- the day that an astonished U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days.