By Dave Anderson:
Sean Kelly at the Agonist has the short summation of the vast majority of liberal activists' discontent:
Ian has the bill of indictment. Sad to say he's right about every single one of them. When I came home this summer and kept saying, "nothing has changed," all my friends said, "just wait."
Screw that; I don't vote Democratic to wait. I voted Democratic to see change.
Time to deliver, past time to deliver instead of jerking off Max Baucus to produce a piss-poor health plan that still will not achieve the magical bi-partisan unity pony because everyone who can read incentives knew that there is virtually nothing that will get Senate Republicans to vote to slash their own throats. Sure, student loan reform is a nice little technocratic win that helps advance the narrative that government can and will accomplish good thing at very competetive prices compared to the private market, BUT that gets buried under an escalation without a measurable set of metrics in Afghanistan and pushing a healthcare reform bill that has a strong chance of only being about the bill and not about either healthcare or reform.
http://trueslant.com/matttaibbi/2009/09/17/volcker-renews-call-for-limits-on-systemically-important-banks/
ReplyDeleteThere is a larger story to be done about how Obama did a bit of a bait-and-switch, hiring progressives to run his campaign and jettisoning them once he got into office. I hear about this phenomenon from different corners of the policymaking universe, from health care to defense and intelligence spending. But my sense is that the switch was most violent in the realm of economic policy, which means stuff like this bears particular attention. Will Obama act on Volcker�s recommendations? We should probably wait and see, but I�m not holding my breath.