Spitzer: Obama has been on Wall Street side from day one

Wall Street wants to free itself from the past decade’s regulatory reforms, and Eliot Spitzer says President Barack Obama is too willing to oblige. The former New York attorney general says, with the passing of the JOBS Act, banks are at the public trough once again. Here is the direct video link. At the end of the clip, click the play arrow again for the second part–a very lucid discussion of the counter-productive ideas behind the President’s much heralded JOBS Act.

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