WHY DID THEY THINK HE WAS HANDING OUT WAIVERS HAND OVER FIST?:

Lobbyists still run Washington: It was supposed to change when Obama took office. But D.C.'s influence machine is going strong. Just ask Max Baucus (Andy Kroll, Sep. 17, 2009, Salon)

Nor has the White House withstood the pressure of the deep-pocketed health industries. Before the August congressional recess, Health and Human Services Secretary Kathleen Sebelius broke new ground, declaring that a public option was "not the essential element" of a healthcare overhaul. By then, the Obama administration had already made its "secret," backroom deal with top drug company representatives. In exchange for early support for its reform agenda, the White House agreed to limit how much (via drug price negotiations and industry rebates) Big Pharma would have to decrease the cost of its products, now borne by taxpayers, to $80 billion over 10 years. The deal was a coup -- for the drug makers. After all, the total sales of the top five U.S. pharmaceutical companies alone totaled almost $660 billion in the past half decade, more than eight times the agreed-upon cost savings. [...]

While committing his administration to the Afghan war, the president has appeared unwilling to fight defense boondoggles down the line, as he did in the case of the F-22, and he's been less than forceful in defending sorely needed financial reforms -- like those for the $592 billion over-the-counter derivatives market -- in the face of Wall Street's lobbying clout.

Once again, this isn't entirely surprising: For all the talk of the flood of small, individual donations to Obama's historic 2008 election campaign, its coffers overflowed with money from financial powerhouses like Goldman Sachs and JPMorgan Chase and corporations like General Electric, Google and Microsoft. According to the Center for Responsive Politics, Obama still ranks near the top among all recipients when it comes to contributions from the health, defense, financial and energy industries.

The same goes for Obama's staff. In an interview with Politico.com, Bill Moyers put it vividly. "I think Rahm Emanuel, who is a clever politician, understands that the money for Obama's reelection would come primarily from the health industry, the drug industry and Wall Street, and so he is a corporate Democrat who is destined, determined that there would be something in this legislation," Moyers asserted, that will appease those powerful interests.