Ouch:
The health care fiasco is going to be a defining event for Obama, in a negative way. His inability to respond effectively to simply absurd distortions of his plan and of the record of public supported programs overseas (including that many are government funded but still privately run, for instance) may dispel the illusion that he is or can be an effective leader. His banking policy, which is vital to recovery, became hostage to Geithner and Summer's deep loyalty to the industry, and his lack or interest in rocking any boats. All Team Obama has done on the banking front is write a lot of blank checks, hold some bogus "stress tests" in lieu of doing the real thing, and raise a stink on a few symbolic issues to try to paper over the failure to embark on real and badly needed reforms.
Ed Harrison has called him a black Herbert Hoover. If the economy takes another down leg, it will further confirm his inability to do anything other than compromise and try to spin it as success. The confidence game worked when he was a new President, but nice talk and not much action is already wearing thin. We could use someone at the helm who is willing to plot a course and stick with it, and instead what we have is someone long on charisma and short on resolve.
Well, maybe Yves can get Obama's attention -- she's an econoblogger, after all. Though so far as I can tell, nobody other than Larry, Timmy, and Rahm have been adept at that.
Hey, I've got an idea! Let's "check the website"!
The President has vowed that the health reform process will be different in his Administration – an open, inclusive, and transparent process where all ideas are encouraged and all parties work together to find a solution to the health care crisis.
Remind me which dog I have in this fight, again?
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I'm Afraid Yves Isn't
among the the few, the timid, the wrong economists the administration listens to.
On the other hand Paul Krugman's column today suggests "Swissifying" (a step above "Massachusetting") our health care system is an adequate compromise....
And NewsHour is all about how people don't want a public option-
at least in the Senate and among the Disruptors at the Congressional district meetings.
It was very depressing -- and makes me wonder what we should call a new party. Or, better, can we call the Consevadems something other than Democrats and keep the party name of FDR?
I mean. they're trashing it, but they still don't deserve to use it.
Hhhmmmm--Demlican? Didn't someone come up with that?
With a pelican as the symbol, with large denomination paper currency coming out of the huge bill?
Formerly Known as Democratic, uhh, Party
Or FKDuP. Works for me. Its also not an acceptable word to the Village
which makes it even more attractive term for me. Fuck
the Village
!
Only tyrants rig elections.