Monday, September 29, 2008

So where is Obama?

He needs to come out for a healthy New Deal-like alternative NOW.

Why is he letting the Republicans (that is, the Republican Study Group/assorted lunatics who only oppose the bailout because they want more tax cuts for the rich, more deregulation and private profits) steal all the thunder?

Sure he's still only campaigning, and such principled, ideological bravery against his political nature (not to mention economic advisors). But what an opportunity to fight for and write a moment of history that actually punished, instead of rewarded predatory Wall Street criminals, definitively closed the book on a failed ideology of fundamentalist free market capitalism (Reagan included, though his name is NEVER mentioned in conjunction with the crash of '87) and accomplished some enduring good for the middle class and America as a whole for potentially decades to come.

Update: Digby truly gets it.

Update II: Digby also unearths an article written by Rick Perlstein last month which argues the historical problem and opportunity even better. Read all of both. And hope this spirit of spine-building catches on.

Update III: America Needs a New New Deal, by Katrina vanden Heuvel & Eric Schlosser (via)

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