LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman. Winner 2013 Webby Awards for Best Political Website
May 19, 2013

 Choose a size
Text Size

Trending:     chris hedges     economy     elizabeth warren     politics     robert scheer
Most Read

Truthdigger of the Week: Sen. Angus King

The Lotto Symbolizes the False Promises of Barracuda Capitalism

Letter From Birmingham Jail

Obama Unscathed by Scandals, Mayor Denies Smoking Crack, and More

'SNL': Stefon's Farewell Features Anderson Cooper

Most Comments
Most Emailed

Reports

Ear to the Ground

A/V Booth

Arts & Culture
Act of Congress
Daily Rituals
The Girls of Atomic City

Digs

Truthdig Bazaar more items

 
Ear to the Ground

Eyeing the 2012 Race, Obama’s Top Regulator Cozies Up to Business

Email this item Email    Print this item Print    Share this item... Share

Posted on Jun 13, 2011
Flickr / GregPC

Cass Sunstein

In a time of critical problems such as climate change and high unemployment, Barack Obama’s regulatory czar is busy trying to secure the president’s re-election by indulging the anti-regulatory appetites of gluttonous corporations, according to a report by Dan Froomkin. —ARK

Dan Froomkin at The Huffington Post:

And as the White House increasingly focuses on raising vast amounts of money for the 2012 reelection campaign, critics are seeing a disturbing new trend: After two years of relative inaction, [Cass] Sunstein (and his boss) now appear to be actively using the regulatory process to ingratiate themselves with deep-pocketed corporate interests.

In the last five months, Obama and Sunstein have issued highly-publicized orders to government regulators to look not forward, but backward—requiring them to review existing regulations with an eye to making sure they aren’t too onerous for business.

In case this exercise’s target audience wasn’t clear already, Sunstein chose to go public in late May with the initial results of the effort in a speech at the ferociously anti-regulation American Enterprise Institute and in an op-ed in the Wall Street Journal.

Read more

More Below the Ad

Advertisement


New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

Samson's avatar

By Samson, June 14, 2011 at 9:41 pm Link to this comment

The headline says ‘cozies up’ to business like this
is a movement from where they’ve already been.

Gawd, I wish the left wing Democrats would finally
start admitting to themselves that they elected wall
street’s candidate who’s been implementing Ronald
Reagan’s economic policies and foreign polices.  This
is who the left worked for, volunteered for, donated
to and elected in the last election.

The lesson is that if you find yourself on the same
side as Wall Street’s money, then you are probably in
the wrong place. Watching the left campaign for Wall
Street’s candidate in the last election was surreal. 
And, if they won’t look the reality of the Obama
administration directly in the eye, they are likely
to make the same mistake again.

Start admitting that there’s nothing new to Obama’s
close relations to business. They date back to at
least the fundraising season of 2007 when he was
asking them all to finance his campaign. And that
doesn’t happen without Obama promising what he was
going to do for business during an Obama
administration.  This was a done deal before the Wall
Street campaign checks started hitting Obama’s
accounts in 2007.

Report this

By Jim Yell, June 14, 2011 at 7:40 am Link to this comment
(Unregistered commenter)

Obama is not a progressive or a liberal. He is as stated a Corporatist and got his presidency from bald faced lying. The Republicans are not an answer to Obama because Obama himself is not a bit different from the Republicans. A third party left wing candidate is the only hope for a conterbalance to Corporate take over of our society. We could greatly decrease the criminality in this country by locking up a large number of bankers and CEOs and CFOs. Why is it always the children of the poor who wind up in prison?

Report this
prisnersdilema's avatar

By prisnersdilema, June 14, 2011 at 6:22 am Link to this comment

Please this is nothing new, Obama has been a corporate flunky from day one.

Report this
Newsletter

sign up to get updates


 
 
 
 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
© 2013 Truthdig, LLC. All rights reserved.