Thursday, June 11, 2009

Politicians make a lot of promises

Assorted news on the progress of "Change" promised by the current administration:

On government transparency:
CIA Stance On Torture Tape Docs Suggests Obama's New Open Government Era Won't Materialize
CIA Urges Judge To Keep Bush-Era Documents Sealed

On reducing excesses/inequality:
Is the Obama Administration Getting Serious About Executive Compensation? (No.)

On regulation of the financial markets: Financial Overhaul Raises Questions

Although the final article is from a week ago and mostly speculative (the White House is releasing their official plan for financial regulatory reform next week), I have heard from Ben Bernanke (who came to the Fed this morning to speak) that soon-to-be-released plans are a heavily pared down version of the administrations original ideas for such reform and do not amount to any substantive change. Bernanke said that the White House is apparently passing the buck to Congress to come up with such regulations, but he noted that Congress is "usually inertial" and probably won't be able to enact any serious reforms either. He sounded disappointed.

Revision: don't forget about this (on reproductive freedoms).

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