Leid Stories - 05/08/13

Obama’s Cash-Flush Cabinet, Cash-Cow Politics and Cash-Strapped Budget Almost halfway into the first year of his second term, President Obama’s Cabinet remains seven slots short of a full team. He certainly won’t win a diversity award; his Cabinet will have fewer African Americans and Latinos than Clinton did 20 years ago. But that doesn’t matter. This time around, the lame-duck president is all about his pledge of allegiance to corporate and monied America. His Cabinet appointees and nominees reflect his due diligence. Leid Stories also explains why Obama’s second term will be marked by some of the harshest austerity measures in decades.