Great Election Day Eve column from Robert Kuttner at The Huffington Post. I encourage you to click the link and read the entire article.
I also encourage you to put aside any disappointments and get to the Polls tomorrow and vote Democratic. The Dems are far from perfect, but so much better than the alternative!
For starters, liberals are dismayed with Obama not because this or that initiative was insufficiently lefty. They are mad at Obama for blowing what had to be a Roosevelt moment, and thereby ushering in a totally needless period of far-right resurgence, dominated by a lunatic right that makes Newt Gingrich and Karl Rove look like moderates.
AND
The stakes are even higher now, because America is on the brink of a second banking crisis about to be triggered by the revelation that much of the securities on the books of America’s biggest banks can no longer be disguised as sound investments. One of the very few silver linings in a truly ugly turn of events is that some Republicans in line to assume key committee chairmanships, such as Rep. Darrell Issa who will likely chair the powerful Committee on Oversight and Government Reform, are no fans either of Wall Street or of the Federal Reserve.
The downside is that Obama and his orthodox economic team have ceded a moment of populist rage to a right wing that is not interested in governing or in problem solving, but only in tearing institutions down.
Obama will save his presidency and the economy by belatedly deciding to practice the boldness mistakenly ascribed to him–by putting forth a genuine recovery program, fighting for it, and exposing Republican obstructionism.
Lost in the 21st Century 