Sunday, December 21, 2008

More Change You Can Stick in Your Crack Pipe and Smoke it!

Interesting article about Obama's pick to head the Commodities Futures Trading Commission, Gary Gensler. The upshot:

The choice of Gensler for that mission is ironic. While in the Clinton administration, the former assistant Treasury secretary helped oppose regulation of the exotic derivatives at the center of the financial crisis.

That pretty much describes everybody on Obama's economic team.

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