The head of Presidential candidate Mitt Romney's campaign has been appointed to lead a major Wall Street lobbying group. What does that signal for regular Americans, for the 99%? Or for the 47% that Romney labelled "dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing . . . These are people who pay no income tax. . . . My job is not to worry about those people."
Romney worries about other people, like the financiers he was speaking to. What do they believe they're entitled to? The Congress and its financial regulations--do they protect the 1%, or protect consumers?
With Mike Konczal, research fellow at the Roosevelt Institute in New York
Radio interview by John Grebe, first aired live on Sounds of Dissent on WZBC 90.3 FM, Greater Boston on September 29, 2012.
For more information, Mike Konczal's writing:
"The GOP's Zombie Dodd-Frank Would Lose the Core Logic of Financial Reform" http://www.nextnewdeal.net/rortybomb/gops-zombie-dodd-frank-would-lose-core-logic-financial-reform
"Financial Regulation: Back to the good olâ days of 2008" http://www.washingtonmonthly.com/magazine/january_february_2012/special_report/financial_regulation034477.php?page=all&print=true
Radio interview by John Grebe, first aired live on Sounds of Dissent on WZBC 90.3 FM Boston on September 29, 2012.
--- Sounds of Dissent has aired since 1998 on WZBC 90.3 FM in Greater Boston. Catch us every Saturday from 11 a.m. to 1 p.m. Eastern Time. Live streams & archive links at wzbc.org.
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Weekly news & political interview program since 1998, originating from WZBC 90.3 FM, Newton-Boston. Preview live 11am-1pm Eastern on stream & archive links at wzbc.org