The Democratic Platform seems to have missed the central point of the banking mess: the Obama administration did not investigate the disaster, and didn’t indict anyone for the crimes that led to the Great Crash. In fact, the administration specifically refused to follow up on criminal referrals from the Financial Crisis Inquiry Commission regarding one of the Goldman Sachs mortgage deals, saying as it always does, that it stinks, but isn’t a crime.
|By: Jon Walker Tuesday September 4, 2012 10:00 am|
I remember during the end of the health care reform fight how top Democrats promised activists unhappy with the bill that they would “fix it later.” I remember being told that it was very important to pass a bill despite many serious problems, design flaws and terrible compromises, because it would be easy to fix those issues later. Well, it is two years later, and the Democratic Party has basically dropped any pretext that they want to seriously improve the Affordable Care Act.