Obama - a Gorbachov or a Yeltsin?
I think the idea that Mr Obama is going to change his economic philosopy is quixotic. In Berlin, almost everybody there was sure that Obama was going to be another Gorbachov. Somebody laying low, somebody going along with the, uh, seemingly conforming, so that all of a sudden once he was in, he could do a revolution. And almost everybody was hoping against hope that that would be the case. Er, and instead of looking like Gorbachov, now all of a sudden Mr Obama is looking like Yeltsin. Just the umbrella for these kleptocrats to come back in.
Economist Michael Hudson on Democracy Now!
