Daily update of talking points, central issues being discussed in Davos’ World Economic Forum 2010 by world leaders in politics, finance, central banks, corporate, energy, lobbyists and philanthropy.
The World’s leading banking and finance executives, industry regulators, and billionaire investors like Warren Buffet and George Soros – the Wall Street crowd writ large – will head to the annual World Economic Forum held in Davos, Switzerland this week. On the agenda will be efforts to challenge US President Barack Obama’s efforts to reform the financial industry.
Bank lobby and ‘Big Business’ influence-peddling in Washington is at crisis levels that threatens the U.S. Congress’s constitutional duties to protect the ‘public welfare’ all enemies – foreign AND domestic.
The bank and financial lobby’s top legislative priority is to kill an Obama administration proposed new consumer protection agency with generous help from Congressional Republicans that would be dedicated solely to protecting consumers’ financial interests from unfair and unethical business practices.
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