Thursday, January 28, 2010

Reactions After the State of the Union - Ragoth

In thinking of the state of politics after the State of the Union Address, I believe I have settled on one of the pillars of my discontent with Obama's strategy - the eventual ramifications of his tact and attempts at bi-partisanship. By following the course that he has set so far, there is absolutely no way in which the Republicans cannot frame everything that happens as a win for them. Imagine - through constant compromise with basically everything the conservatives want, Obama and Congress have set up a situation in which they cannot appear to be the good guys - whatever policies end up working can be framed as working only because the conservatives compromised the proposal down to its essential and workable parts. Any proposal that fails they will still claim victory from because, to be honest, it's not like they voted for it anyway.

Even more sickening is the rush that Democrats seem to be in to push Bernanke through confirmation again. This is a political time bomb waiting to go off. There are a few Senators on both sides who are opposed to it, but this is definitely a case where the majority of the Democrats are for his confirmation and the majority of the Republicans are against it. Meanwhile, Republican Senators have requested and obtained several documents that purport to show that Bernanke was aware of the consequences of the bailout and ignored the advice of his staff to give 100 cents on the dollar in the CDS bailout. If the Democrats push Bernanke through quickly, the Republicans can merely hold out and release their documents after the confirmation and point the finger at the Democrats and say "See, these guys are in league with the bankers!"...and they wouldn't be entirely wrong. The Republicans would begin to seize the mantle of populism, even when they have all been hand-in-hand with the banks and other corporate interests. Bernanke should be pulled from the nomination, and hopefully someone will get Geithner out as well. Hell, I'd love to have Spitzer back. Honestly, I could give a damn who he had sex with - what matters to me is whether or not he was doing his job, and, to a large extent, indeed he was doing a great job of policing Wall Street. When you have champagne parties on Wall Street to celebrate the resignation of Spitzer...well, maybe he was doing something right.

A bit more after the fold...

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Sunday, January 24, 2010

Was I Wrong to Defend Obama - After Massachusetts

After the polls closed in Massachusetts on Tuesday, the fate of the health care bill never seemed more bleak. It calls into question my previous post celebrating Obama's tack in pursuing the Health Care bill. My interpretation is that the results exploited what I take to be Obama's core weakness and in fact do represent a strong rebuff to Obama's tact. Indeed, I have been over-optimistic in evaluating Obama's strategy. However, given that I think the weakness is apparent it offers a sense of how to move forward. The health care bill should be passed and electioneering should be fully embraced. Let the 2010 election begin!

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Saturday, January 9, 2010

God Help us All

That's right, an estimated 70 million new Americans decided this year that there's no solid evidence for global warming and over 35 million (roughly 100 million in total) do not believe there is any evidence for global warming. So, what is the cost of self-serving lies I dare ask my conservative politicos? That's right, it doesn't matter as long as it gets you and your party into power.

Sunday, January 3, 2010

In Defense of Obama

In response to my colleague's disapproval of Obama's handling of Health Care below, I would like to offer a counter argument. I think Obama, despite one glaring fault, has handled Health Care extremely well. Future presidents should learn from his approach. The problems that have hampered the bill-making process which Ragoth cites are not marks on Obama's record, but rather the results of the broader American political culture and structural facts about how our legislative institutions operate.

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