Monday, September 21, 2009

Begging for a question

Does anyone see a pattern here?

Credit where credit is due: I was delighted when Lawrence Summers, the administration's ranking economist, lashed out at the campaign the U.S. Chamber of Commerce, in cooperation with financial-industry lobbyists, is running against the proposed creation of an agency to protect consumers against financial abuses, such as loans whose terms they don't understand. The chamber's ads, declared Mr. Summers, are "the financial-regulatory equivalent of the death-panel ads that are being run with respect to health care."

2 comments:

rip off victim said...

a bit mysterious this one

Clark said...

I just meant that no one in this administration seems to want to tackle the problem of lobbying head on, despite the fact that it is at the base of every other problem, and they clearly know it.