America's liberals are laying into Obama headlined the front page Financial Times March 28, an article by Edward Luce in Washington:

"Paul Krugman describes the toxic asset purchase plan as `cash for trash.'  Jeffrey Sach calls it a `thinly veiled attempt to transfer hundreds of billions of U.S. taxpayer funds to the commercial banks.'  Robert Reich depicts Tim Geithner, Treasury Secretary, as a prisoner of Wall Street while Joe Stiglitz says the plan `amounts to the robbery of the American people.'

"Democrat economists accuse Mr. Obama along with Mr. Geithner, and Lawrence Summers, the president's senior economic adviser, of taking dictation from the same financiers who have brought the economy to the brink of depression."

Herbert J. Gans, professor emeritus of Sociology at Columbia University, on March 29 was published on the New York Times editorial page: