Candidates Routinely Threaten Wall Street, Follow Through with Little More than a Stern Scolding

34justice

In this post, Part 2 in a series on Democratic presidential candidate Hillary Clinton, Emilio da Costa documents some of the actions that President Barack Obama has taken in the interests of the very wealthy. Emilio, who holds a master’s degree in City and Regional Planning from Berkeley and a bachelor’s degree in Urban Studies from Stanford, argues that Clinton is likely to follow suit – she has much deeper ties to Wall Street than to those whose votes she will be seeking on the campaign trail.

 Part 1 of the series, which focused on Obama’s political appointments, can be found here.

Emilio da Costa Emilio da Costa

As was required at the time, Obama made promises during his campaign to rein in Wall Street and introduce regulatory reforms to the financial industry. All of the grumbling about Obama’s tax policy being socialist makes it hard to believe the extent to…

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