Read Excerpts From “13 Bankers”

I’m reading Simon Johnson and James Kwak’s new book — “13 Bankers, the Wall Street Takeover and the Next Financial Meltdown” – and posting a summary and excerpts of each chapter. Here is my progress so far:

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Super Delegates Could Split Dems

The leaders of the Democratic Party, Dean, Pelosi, Reid et al are singing from the same hymnal when they chant the Democrats will unite behind the eventual Democratic Party Presidential nominee.

This is hopeful thinking on their part.

The Obama campaign has attracted historically large numbers of new voters to the Democratic primary process. Most of these voters became involved and voted in the Democratic primaries because of vision of the future offered by Obama and his campaign. In addition, large numbers of Democrats and even some Republicans jumped on the Obama band wagon because they were tired of the same old politics represented by both Clinton and McCain.

There is little doubt that if the Super Delegates anoint Hillary Clinton as the Democratic Party nominee a large numbers of Obama supporters will either sit out the November election or join the Nader campaign.

It seems none of the Democratic Party leaders want to discuss or recognize this reality. They do so at the peril of their Party and the future of our Nation.

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