Takeaway #1
Populist rage throughout America threatens to undermine Obama's administration as unemployment rates continue to increase while congress debates a stimulus package.Takeaway #2
Tom Daschle had been cozy with companies he would have adjudicated as health czar and had benefited financially from them.Takeaway #3
Obama faces a huge challenge in trying to challenge the typical Washington culture, and his initial moves to put restrictions on lobbyists and cap bailed-out banker CEO salaries have only scratched the surface.
Takeaway #4
Timothy Geithner, who is the face of the economic recovery plan and also had I.R.S. problems, has to sell a recovery plan to middle Americans that pays out mass amounts of money to bankers.Takeaway #5
Other Obama appointees are Larry Summers and Gary Gensler, Clinton administration people who helped Phil Gramm fight regulation of the derivative markets.Takeaway #6
The author finishes the article by saying that the American public is fed up with 1% of the population receiving 20% of the wealth, likens it to the run-up to the Great Depression, and that "neo-Hoover Republicans" in congress are wrong in thinking that corporate tax cuts with no spending will solve the economic crisis.
