...AND THE UNICORN YOU RODE IN ON:

The Summers Bubble (Kevin Connor and Matthew Skomarovsky, November 17, 2008, American Prospect)

The choice of a new treasury secretary presents an early test of President-elect Obama's commitment to change in the realm of economic policy, where the need for a new direction is most painfully evident. Will the new administration find a bold answer to decades of trickle-down economics? Or will Wall Street-affiliated party insiders summon the political muscle to remain relevant and deliver for their friends in finance? A battle for the soul of Obama's White House is underway.

Considering what is at stake, the emergence of Lawrence Summers as a leading candidate for treasury secretary is an alarming indicator that Wall Street Democrats with abysmal records are gaining an upper hand over the broad progressive coalition that lifted Obama to victory.

Okay, you expect the Right to misunderstand Barack Obama, we're notoriously moronic. But did the Brights really not get that he's just another Eisenhower Democrat? It's almost as if his race blinded them to what a milquetoasty character he is politically--on all but life issues--but that would make them kind of racist, so we know that can't be the answer, right?

Posted by Orrin Judd at November 19, 2008 9:57 PM