Eli at
FireDogLake explains some important recent history:
* Candidate Obama pushed for the TARP bailout,which ended up passing with far more Democratic votes than Republican ones, in both the House and the Senate.
* Obama nominated Ben Bernanke for another term as Chairman of the Fed, despite his failure to see the meltdown coming, and his utter lack of concern about unemployment. A majority of the Republicans on the Senate Banking Committee voted against him, but only one Democrat.
* Obama and Senate Democrats are pushing vigorously for a disastrous crippled abomination of a health care bill which would deliver the insurance industry a huge captive market without requiring them to give up anything meaningful in return. No public option, no drug reimportation, no meaningful ban on rescission, and they can still put caps on annual payouts.
You'll want to read the whole thing twice. Here's a rather important quote from Eli:
The end result of all this braindead Democratic fuckery is that the Republicans no longer have to rely solely on cultural resentment to paint themselves as common-man populists protecting the little guy from big-city liberal elitists – now they can point to actual policy. “Look, we were the ones who voted against giving Wall Street hundreds of billions of dollars, who voted against that tool at the Fed who doesn’t care about your job, who voted against forcing you to spend your hard-earned money on junk insurance you can’t afford to use. Obama and the Democrats are screwing you over to funnel money to corporate fatcats, and we’re trying to stop them.”
