"Laughable" or not, it remains a fact. There was no "Obama Administration" until the end of January. By then, the deals had been struck and the money given out.

Anyone who wants to say the whole thing was handled stupidly from a non-investment class point of view, I'm right there with ya.

I have no problem saying Geithner and Summers should go because I never thought they should be there in the first place - and they can take Rahm and Gates with them.

However, one MUST remember that it is CONGRESS who "deserve(s) blame on not doing enough to reform and regulate now."

That IS their job, you know. I, for one, do not WANT Obama issuing edicts beyond the scope of his office the way Bush did (to use the most recent example. I am well aware that other Presidents of both parties have abused this as well). I want Congress to be held responsible for the CRAP they keep passing with little to no accountability. Some of the names have changed since last October, but that appears to be the only REAL difference.

I cannot blame Obama for not putting rules in place, but I can bitch at him for not expressing a clear plan showing he's not dependent on former Sacks of Goldman employees. As we have seen with the "health care reform," if he doesn't present a coherent plan, Congress will muck it up until it is unrecognizable as "reform" and will mostly cover Wall Street's assets.

by MedfordTim on 11/24/2009 04:31:36 PM EST

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