FORMER LOBBYIST: Neither Candidate Is Talking About One Of The Biggest Threats To Our Economy

FORMER LOBBYIST: Neither Candidate Is Talking About One Of The Biggest Threats To Our Economy

by Linette Lopezhttp://www.businessinsider.com/connaughton-wall-street-still-a-threat-2012-9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29&utm_content=Google+Reader

In the midst of the Euro debt crisis, the looming fiscal cliff, and all the political spin both political parties are putting on every economic issue in this election, it's hard to think that any bone is being left unpicked.
But according to former lobbyist and Senate staffer Jeff Connaughton, there are looming risks that aren't making it into the conversation, and they are vital to the health of our economy.
"We have two problems," Connaughton told Business Insider. "We have no effective reform on Wall Street, and no politicians that are willing to fix it."
This is nothing we haven't heard before, but according to Connaughton we just haven't heard it enough. He just wrote a book called 'The Payoff: Why Wall Street Always Wins' about the time he spent in Washington when, even though politicians might not be willing to do anything meaningful about Wall Street reform, they were at least willing to talk about it.
That was in 2009.
At that time he was working for Ted Kaufman, a Delaware politician who filled Joe Biden's Senate seat when Biden became Vice President.