Monday, July 27, 2009

More evidence of how Wall Street runs our country

As if we needed more...right??

The European Union's efforts to push through tough, new, reform of hedge funds is running into opposition from...the U.S. Government!

This is truly amazing.

Here is Obama, who got elected on the promise to help "workers and the middle class." Yet his Administration is quietly lobbying the Europeans to ease up on their proposed, new, hedge fund rules.

"On Monday the Wall Street Journal reported that the United States is quietly lobbying Europe to change the terms of the directive.

As unemployemtn soars toward 10%, the most liberal Democratic president elected since Lyndon Johnson, labors intensely to protect the interest of the finance capitalist plutocracy.

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