9.19.2008

On post-partisan politics


The Democrats seem slightly befuddled how to react to the current fiscal crisis. One reason is that they helped to cause it. Starting with the Clinton administration, there was a conscious effort by Democrats to cozy up to Wall Street and to this day Barack Obama is being advised by those with deep involvement in the policies and practices that led to the current disaster. You can't well complain about Bush's Treasury Secretary having been with Goldman Sachs, when Clinton's was as well and now the guy has Obama's ear. And during the period liberals have largely looked the other way as the economic principles of the New Deal, Fair Deal and Great Society were steadily unraveled.

[From UNDERNEWS: WHY THE DEMOCRATS HAVEN'T BEEN MORE HELPFUL IN THE FISCAL CRISIS]


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