What kind of change? Carried out by who?

Nov 17, 2008

Barack Obama has begun the “change” he promised, by choosing the following advisers.

Economic advisers Robert Rubin and Larry Summers. They were both Treasury secretaries under Clinton, pushing through deregulation of Wall Street. We are now suffering the consequences of the wild speculation that followed.

Rahm Emanuel, Obama’s Chief of Staff. He was a close adviser to President Clinton during Wall Street deregulation. Emanuel then pocketed 16 million dollars as an “investment” banker taking advantage of deregulation. He was a director of Freddie Mac, when it was deeply involved in speculation.

Robert Gates. He presided over the most vicious fighting in Iraq during the “surge,” and he is now sending thousands more U.S. troops to Afghanistan and Pakistan.

Change?

There may be a new family in the White House – but those who set policies are some of the same ones responsible for today’s disasters.