Obama's Top Priorities

By: Inoljt, http://thepolitikalblog.wordpress.com/

Below is a list of what, in my view, the most important to-dos on the president's lengthy to-do list are.

Of course I could be a smart aleck and just put -

1. THE ECONOMY

2. THE ECONOMY

3. THE ECONOMY

But that would be both unintellectual and too crude a way to make a point. Nevertheless - and quite coincidentially - all of the priorities listed below do link to the economy in some way or other. Here they are:

1. Fix the subprime mess.

2. Reform the banking industry.

3. Cut health care costs.

Details below the fold.

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Weekly Audit: Reining in the Subprime Scoundrels

 

by Zach Carter, TMC MediaWire Blogger

 President Barack Obama is scheduled to unveil his agenda for revamping financial regulation later this week. As the economy struggles though a recession created by the banking industry, it's crucial that Obama and his advisers craft a set of rules ensuring that the financial sector strengthens our economy instead of destroying it.  

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Weekly Audit: Ending the Economic Status Quo

by Zach Carter, TMC MediaWire Blogger  

The banking lobby still holds enough sway inside the Beltway to torpedo sensible consumer protection rules, even after releasing a flood of predatory mortgages that kicked off the current economic crisis. On issues ranging from payday loans to subprime mortgages, the banking industry continues to successfully defend itself against new regulations that would protect the consumer. As if that weren't outrage enough, the finance lobby has also joined other corporate interest groups to fund misinformation campaigns that smear unions and block wage growth.  

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Weekly Audit: Curbing Credit Card Abuses

 

by Zach Carter, TMC MediaWire Blogger 

While the bank lobby continues to hold significant clout in Congress, President Barack Obama entered the fray on behalf of consumers Thursday, demanding that lenders put an end to abusive fees and predatory interest rates.  

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An American outrage: Bernie, AIG, and Us

SUMMARY: Americans are outraged at what has happened to their money, but they may outraged at the wrong things.

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