February 11, 2012

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President Obama Takes On Wall Street In New York City Fundraiser

First Posted: 3/18/10 Updated: 5/25/11

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thehill.com:

Obama criticized the "reckless speculation and deceptive practices and short-sightedness and self-interestedness from a few." The audience included members of the Wall Street community....

"So if there are members of the financial industry in the audience today, I will ask that you join with us in passing what are necessary reforms -- don't fight them, join us on it," Obama said at the Democratic National Committee (DNC) fundraiser.

Read the whole story: thehill.com

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Arianna Huffington: Why Obama Won't Be Able to Reform Wall Street

Obama won't be able to change the course our financial system is on unless he takes on the bankers and their hordes of lobbyists who continue to dictate policy in DC.