“Failure of Epic Proportions”: Treasury Nominee Jack Lew’s Pro-Bank, Austerity, Deregulation Legacy

I’ve posted this link from Democracy Now because it captures the whole nonsense of it all where the Right wing media have half of the folks in USA thinking that Obama is a secret Communist rather than Wall Street’s guy.
To be honest I’ve never quite got my head around the utility, to the Right, of portraying Clinton and Obama as somehow extreme lefties when they were just different jockeys riding Wall Street’s horse in whatever direction the horses owner desired.
Please post if you can hazard a guess at the answer.