Read other letters about this article
Did you forget that Obama refused public financing and instead raised an obscene $600 million for his campaign? Less than 20% of this was in contributions of $200 or less. The bulk of it was from Wall Street financiers and other monied corporate interests.
Obama chose to owe people, rather than not to (he almost surely would have won if he had accepted public financing). He's a smart politician. He will stay bought.
It should be no surprise that he's surrounding himself with the old pillars of establishment politics, and with representatives of the very industries that got us in this financial mess.