LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
2010 Webby Award Winner for Best Political Blog
 
May 26, 2012
Log in / Register

 Choose a size
Text Size

Trending:     gay marriage     barack obama     ndaa     robert scheer     chris hedges
Most Read

TED: 'A Money-Soaked Orgy of Self-Congratulatory Futurism'

Russia and Exxon Mobil Sign Arctic Oil Deal

Truthdiggers of the Week: 400,000 Canadians Launching the ‘Maple Spring’

I Can't Hear Myself Think

A Rare Admission That Money Trumps Everything Else

Most Comments
Most Emailed

Reports
Why Bain Questions Matter
OSHA Struggles When Tower Climbers Die

Ear to the Ground

A/V Booth

Arts & Culture
Better Than We Found It
The Good-Natured Dictator

Digs
Financial Meltdown 101

Truthdig Bazaar
Letters of Ted Hughes

Letters of Ted Hughes

By Ted Hughes
$29.70

When Skateboards Will Be Free

When Skateboards Will Be Free

By Saïd Sayrafiezadeh
$14.96

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   

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

We are launching a major overhaul of our comments section.

In addition to more robust spam filtering and moderation, new features include the ability to rate other comments, sort how they are displayed and respond directly via e-mail or in a thread.

Unfortunately, commenters will lose their existing Truthdig identities. It's a pain, we know, but on the plus side you will now be able to log in with a plethora of options, including Google, Twitter, Facebook and Disqus accounts.

Before launching this system we spent months in discussion with our top commenters. We listened to the feedback and we hope you like what we've come up with.

Please direct any problems or concerns to us via our contact page.

Samson's avatar

By Samson, June 14, 2011 at 8:41 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 6:40 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 5:22 am Link to this comment

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

Report this
Newsletter

Get Truthdig in your inbox


 
 
 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2012 Truthdig, L.L.C. All rights reserved.