Huey Long

TALK BACK: Obama Talks Tough But Kowtows To Bankers

These are the personal views of Peter Morici, a professor at the University of Maryland’s Robert H. Smith School of Business and former chief economist at the U.S. International Trade Commission:

You have to admit President Barack Obama obfuscates embarrassing facts and pays off his supporters as well as any politician since Huey Long.

He slams health insurance companies, while endorsing heath-care reforms that would compel 30 million more Americans to buy their policies or face a poll tax.

Now he slams the bankers for paying themselves $140 billion in bonuses.

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