Just to see how far the President Obama has retreated walked back on his position of Corporatism consider the remarks he made he made during the campaign. It appears that the man has replaced "a man's word is his bond" with "a man's word is not worth a dime", especially when the man happens to be the President of the United States.
"Unless we're willing to challenge the broken system in Washington, and stop letting lobbyists use their clout to get their way, nothing else is going to change ... For far too long, through both Democratic and Republican administrations, Washington has allowed Wall Street to use lobbyists and campaign contributions to rig the system and get its way, no matter what it costs ordinary Americans.
~ Candidate Obama
Read the Article at HuffingtonPost
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