czar

The real Cassandra speaks!

Yves on Krugman's column today. She writes:

My big beef is that he didn’t go far enough and is WAAY too forgiving of the motivations and actions of Larry Summers and by extension, Team Obama.

Somebody kidnapped Paul Krugman at that White House dinner, didn't they? Krugman wrote:

Why the change in tone? Administration officials are furious at the way the financial industry, just months after receiving a gigantic taxpayer bailout, is lobbying fiercely against serious reform. But you have to wonder what they expected to happen. They followed a softly, softly policy, providing aid with few strings, back when all of Wall Street was on the ropes; this left them with very little leverage over firms like Goldman that are now, once again, making a lot of money.

Yves comments:

I'm sure Tom Daschle is a fine, upstanding public servant...

... despite what anyone says, and I'm totally confident that Obama's vetting process will continue to produce public servants of the most awsum and unimpeachablest integritude, despite blips like chief speechwriter Jon Favreau, Commerce Secretary-designate Bill Richardson, and Treasury Secretary Tim Geithner, but doesn't this pose the appearance of conflict?

[Daschle's] finances [include] more than $300,000 in income from health-related companies that he might regulate as secretary....

And, even though a substantial proportion of that $300,000 must come from the insurance parasites that single payer would remove from the health care system, it's impossible for me to imagine that this would influence Daschle's views of what's "politically feasible [rhymes with weasel] and what isn't.