Bill Black: Why Isn't Obama Calling For Bill To Stop Sequester?

Crooks and Liars writes, Bill Black in a recent appearance on Democracy Now! talked about Wall St. fraud. Economist, author, and former bank regulator Bill Black asks the obvious question: Why isn't Obama calling for a bill to stop the sequester? Because he wants it, silly! President Obama has always known that the Sequester is terrible public policy. He has blasted it as a “manufactured crisis.” The administration has stated publicly the three reasons this is so. First, the Sequester represents self-destructive austerity. Indeed, it would be the fourth act of self-destructive austerity. The August 2011 budget…

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