Obama still lacks will to crackdown on criminal corporate actions

“The presidential election is well under way but as President Barack Obama tries to position himself as the defender of the middle-class who will protect the 99% against corporate malfeasance and too big to fail banks, he may find himself in a precarious position. His record does not necessarily reflect his rhetoric and at the same time Wall Street donors have padded his campaign coffers.”

Peter Schweizer author of “Throw them All Out” and president of the Government Accountability Institute, a non-profit think tank, joined The Daily Ticker to talk about the connection between Washington and Wall Street and how Obama’s benign response to the financial crisis could hurt his bid for re-election. Here is the direct link.

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