What’s Crypto Good For? Corruption, Exploitation, and Billions for Insiders
As with the subprime lending crisis, crypto appears to be more of an example of predatory inclusion than enhancing financial access.
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From Boston.com; the resignation of Obama green industry adviser over upsetting right-wing sensitivities does not bode well, either, for the public option.
Associated Press Writer / September 6, 2009
WASHINGTON White House officials said Sunday a government health insurance option is negotiable, signaling a potential compromise on an issue that President Barack Obama's liberal supporters consider do-or-die.
As Obama prepares for a Wednesday night speech to Congress in a risky bid to salvage his top domestic priority, political adviser David Axelrod said a public plan is not the core issue in the health care debate. White House spokesman Robert Gibbs danced around a question about whether Obama would veto a bill without the public option.
The president "believes the public option is a good tool," said Axelrod, who joined with Gibbs in a one-two punch on the Sunday talk shows. "It shouldn't define the whole health care debate, however."
Their appearances came ahead of Congress' return this week from a summer break that saw eroding public support for an overhaul and contentious town hall meetings in lawmakers' districts.
Gibbs called the government plan a valuable tool. But asked if Obama would reject legislation that didn't include it, he responded: "We are not going to prejudge where the process will be."
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