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I hardly think it's time to predict on the degree to which the Constitution will be viewed as an "inconvenience," when we have barely begun to assess the damage that's been done to that very concept in the last 8 years.
What hypocrisy.
I agree with many posters here, who have no sympathy for failed business giants. I do however have sympathy for the hundreds of thousands of their workers, and hope that should any bailout proceed, there can be at least some contingencies on the "direction" we might need to go. Sometimes that miraculous "invisible hand" just reacts to what will be within it's immediate grasp. I think the current meltdown is at least some evidence to that thought.
That's my read of the elusive tea leaves.
As for "fat cats" vs. "workers", I'm not sure if you're being intentionally obtuse or really don't get it. Since Reagan took office, declared "morning in America" and started borrowing trillions of our kids' money and shoveling it into the pockets of the rich, the US has reached the biggest wealth gap in history. Every such expanding wealth gap in the past has led to the collapse of an empire. Predictably, but not to "conservatives" ours is now collapsing.
"Borrow and spend" was never better than "tax and spend". Now, we're in such a precarious position that PayGo won't even work. For now, the economy will only improve if "workers" have money to spend. "Fat cats" already have plenty of money, and in case you haven't noticed, they simply don't spend enough to support the economy.
Meanwhile, in the GOP war on our children, we have an estimated 1.5 trillion backlog in infrastructure maintenance, without ANY spending to actually modernize our infrastructure to compete with such visionary giants (heh) as Korea and India, who both rule in terms of tech infrastructure.
We've plumbed the depths of the orgy of unbridled greed and corruption, and we are no longer the world leader in anything. Except weapon sales. Name another single industry in which we compete. Not cars, electronics, computers, textiles, shoes, pharmaceuticals, optics, even aircraft. Service? Ha. Not call centers, accounting, marketing, design.
With no one buying, and everyone terrified of losing their jobs, what to do? Obama, like FDR, says let's get to work rebuilding America. When we come out of the fiscal depths you "free market" blind men have cast us into, we'll be better able to compete in the world market. But we'll never get there your way. The GOP mantra "privatize, deregulate, cut social spending" is how we got here. Deregulation = corruption and abuse. Shafting "workers" and the environment (deregulate and let the market decide) in an attempt to let big businesses compete with China will fail. Every time. Do we want to compete by letting Chinese labor rates set ours? Or Bangladeshi environmental standards? Never mind the devastation to our country this would cause, we can't afford it. Workers without money means no buying, no wealth, no growth.
Nowhere was the contempt for future generations more vivid than the "drill baby drill" mantra, which restated, is "drain America first". We've used up 2/3 of our oil. It's like we have pounded down 4 beers in our six pack and opened the fifth. "Drill baby drill" is the perfect expression of utter selfishness and greed. Conservatives want to open the last can of beer before their kids are even old enough to drink. Shameful.
Obama redefined the word 'progressive' into the uber-left margins of the political landscape. It's why the masses swooned and the fringe was frenzied. The oceans will lower & the planet will heal! Hope n Change, baby.
It's why you're writing this 'triangulation' post. Lowered expectations. He maybe kinda sorta isn't the one we've been waiting for. The frenzied fringe will be calling for his hide before his term is out.
You are correct on the other point though. He will not govern as a progressive. Because he knows history, he will govern as an opportunist. It's his M.O. That's ~his history.
But don't say he didn't win as a 'progressive'.
Take your pick- centrist and triangulating or partisan and polarizing.