The personnel shifts between the White House and high finance have a definite sociological significance. Even the more “liberal” aides move easily from top government posts to lucrative positions in the financial industry. This poses no difficulty because the policies of the Obama administration are so organically aligned with the well-being of Wall Street.
The musical chairs aspect of the personnel switches―Daley is being considered to replace Emanuel, who is running to replace Daley’s brother as mayor of Chicago; Plouffe and Axelrod change places as chief inside and outside political aide―also underscores the narrow, politically inbred and isolated character of the Obama administration.
The WSWS Takes Note of Wall Street's
further stranglehold on the White House.
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