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Barack Obama Expands Goldman Sachs' Power

Goldman Sachs is too entrenched in the Federal Government.  What is President Barack Obama going to do about it?July 17 (Bloomberg) -- President Barack Obama announced today he was nominating Robert Hormats, a vice chairman of Goldman Sachs International, to a top economic position at the State Department.Hormats, 66, will serve as undersecretary of state for economic, energy and agricultural affairs. He served as deputy U.S. trade representative from 1979-1981 and in other posts at the State Department throughout his career. Is there no limit to the shamelessness?The mainstream media finally got the memo about Goldman Sachs. The media has been excoriating the crooks. However, the media has failed to hold Obama responsible for Goldman's actions...continue to full post

Full post as published by Crime & Federalism on July 20, 2009 (boomark / email).