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Eyeing the 2012 Race, Obama’s Top Regulator Cozies Up to Business

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-11 07:56 AM
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Eyeing the 2012 Race, Obama’s Top Regulator Cozies Up to Business
http://www.truthdig.com/eartotheground/item/ahead_of_2012_elections_us_regulator_wont_look_business_in_the_eye_20110613/

In a time of critical problems such as climate change and high unemployment, Barack Obama’s regulatory czar is busy trying to secure the president’s re-election by indulging the anti-regulatory appetites of gluttonous corporations, according to a report by Dan Froomkin. —ARK

Dan Froomkin at The Huffington Post:

And as the White House increasingly focuses on raising vast amounts of money for the 2012 reelection campaign, critics are seeing a disturbing new trend: After two years of relative inaction, Sunstein (and his boss) now appear to be actively using the regulatory process to ingratiate themselves with deep-pocketed corporate interests.

In the last five months, Obama and Sunstein have issued highly-publicized orders to government regulators to look not forward, but backward—requiring them to review existing regulations with an eye to making sure they aren’t too onerous for business.

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