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	<title>Comments on: Obama, the Light Touch?</title>
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	<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/</link>
	<description>What happened to the global economy and what we can do about it</description>
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		<title>By: Anonymous</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-28491</link>
		<dc:creator><![CDATA[Anonymous]]></dc:creator>
		<pubDate>Sun, 20 Sep 2009 03:04:23 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-28491</guid>
		<description><![CDATA[If damned either way, he might as well attempt to assert some managerial control over the entities that have received (in the aggregate) something like a trillion dollars in taxpayer largesse.

It&#039;s no longer a political calculation -- it&#039;s called governance.  &quot;Just do it,&quot; says the slogan.  But I never expected much from this guy in any case, and only voted for him because I was so scared of Sarah Palin.]]></description>
		<content:encoded><![CDATA[<p>If damned either way, he might as well attempt to assert some managerial control over the entities that have received (in the aggregate) something like a trillion dollars in taxpayer largesse.</p>
<p>It&#8217;s no longer a political calculation &#8212; it&#8217;s called governance.  &#8220;Just do it,&#8221; says the slogan.  But I never expected much from this guy in any case, and only voted for him because I was so scared of Sarah Palin.</p>
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		<title>By: James Taylor</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-28476</link>
		<dc:creator><![CDATA[James Taylor]]></dc:creator>
		<pubDate>Sat, 19 Sep 2009 17:57:21 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-28476</guid>
		<description><![CDATA[Dear Ted K

My offer still stands.  Send me your email address and I will send you a complimentary copy of our book.  It usually is appropriate to know what you are talking about before you start yelling.  Read the book and feel free to give us your comments, good, bad, indifferent.]]></description>
		<content:encoded><![CDATA[<p>Dear Ted K</p>
<p>My offer still stands.  Send me your email address and I will send you a complimentary copy of our book.  It usually is appropriate to know what you are talking about before you start yelling.  Read the book and feel free to give us your comments, good, bad, indifferent.</p>
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		<title>By: Yakkis</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27983</link>
		<dc:creator><![CDATA[Yakkis]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 20:24:08 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27983</guid>
		<description><![CDATA[It&#039;s the eternal struggle of the democratic majority and their president, against a vocal and impotent minority.  I wish them good luck too...they&#039;ll need it!]]></description>
		<content:encoded><![CDATA[<p>It&#8217;s the eternal struggle of the democratic majority and their president, against a vocal and impotent minority.  I wish them good luck too&#8230;they&#8217;ll need it!</p>
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		<title>By: DWN</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27982</link>
		<dc:creator><![CDATA[DWN]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 20:18:05 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27982</guid>
		<description><![CDATA[The problem probably does not lie with the Republicans and what they will say. That is predictable and administration knows it, what it will be, and that they cannot avoid their talking points.

The problem is what the corporate media will roll out as its talking points.

The Obama administration is almost certainly correct in in taking this as a delicate political task. They are carefully crafting the Republican intransigence into a story that the corporate media can hardly avoid (although mostly they still do). I wish them good luck.

DWN]]></description>
		<content:encoded><![CDATA[<p>The problem probably does not lie with the Republicans and what they will say. That is predictable and administration knows it, what it will be, and that they cannot avoid their talking points.</p>
<p>The problem is what the corporate media will roll out as its talking points.</p>
<p>The Obama administration is almost certainly correct in in taking this as a delicate political task. They are carefully crafting the Republican intransigence into a story that the corporate media can hardly avoid (although mostly they still do). I wish them good luck.</p>
<p>DWN</p>
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		<title>By: jamzo</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27975</link>
		<dc:creator><![CDATA[jamzo]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 19:31:05 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27975</guid>
		<description><![CDATA[you misread the intent of the article

the article is not meant to be an objective view of economic matters

the factoids listed were listed to help advance the premise of the article : &quot;we are in danger of big government&quot; 

this is an emerging news theme

editors are testing &quot;big government &quot; as a story line]]></description>
		<content:encoded><![CDATA[<p>you misread the intent of the article</p>
<p>the article is not meant to be an objective view of economic matters</p>
<p>the factoids listed were listed to help advance the premise of the article : &#8220;we are in danger of big government&#8221; </p>
<p>this is an emerging news theme</p>
<p>editors are testing &#8220;big government &#8221; as a story line</p>
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		<title>By: Hoi Polloi</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27968</link>
		<dc:creator><![CDATA[Hoi Polloi]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 18:38:18 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27968</guid>
		<description><![CDATA[I fully agree on productivity and consuming through real economy with added value. However first the bank shit has to be cleaned, one way or another. It&#039;s unfortunate that a guy like Bill Black is not called in, like with the S+L banksters, to clean of Wall Cheat. Obama is just a talking head.]]></description>
		<content:encoded><![CDATA[<p>I fully agree on productivity and consuming through real economy with added value. However first the bank shit has to be cleaned, one way or another. It&#8217;s unfortunate that a guy like Bill Black is not called in, like with the S+L banksters, to clean of Wall Cheat. Obama is just a talking head.</p>
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		<title>By: James Taylor</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27946</link>
		<dc:creator><![CDATA[James Taylor]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 17:30:49 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27946</guid>
		<description><![CDATA[Dear Ted K

Did you bother to read the &quot;cheap&quot; book before you started yelling?  If $4.95 is beyond your budget, sent me your email address and I will send you a complimentary copy.  Then we will welcome your critique.]]></description>
		<content:encoded><![CDATA[<p>Dear Ted K</p>
<p>Did you bother to read the &#8220;cheap&#8221; book before you started yelling?  If $4.95 is beyond your budget, sent me your email address and I will send you a complimentary copy.  Then we will welcome your critique.</p>
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		<title>By: thenomad</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27945</link>
		<dc:creator><![CDATA[thenomad]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 17:25:43 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27945</guid>
		<description><![CDATA[I completely agree with what James has to say. The Obama administration has been very sensitive and probably even considerate enough not to become an intereference.

I do understand that the administration has come under fire from both sides of the argument but I believe they&#039;re doing the best they can coz the results show!]]></description>
		<content:encoded><![CDATA[<p>I completely agree with what James has to say. The Obama administration has been very sensitive and probably even considerate enough not to become an intereference.</p>
<p>I do understand that the administration has come under fire from both sides of the argument but I believe they&#8217;re doing the best they can coz the results show!</p>
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		<title>By: Harry Canary</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27904</link>
		<dc:creator><![CDATA[Harry Canary]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 15:04:49 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27904</guid>
		<description><![CDATA[Twenty sucessful bankers WITH integrity.  Aye there&#039;s the rub.  Good luck finding that.  That&#039;s like finding an honest lawyer.

No, till we get back to the idea that wealth only comes from productivity, not from shifting money from one pocket to the other or marketeering gamesmanship, nothing will get fixed.]]></description>
		<content:encoded><![CDATA[<p>Twenty sucessful bankers WITH integrity.  Aye there&#8217;s the rub.  Good luck finding that.  That&#8217;s like finding an honest lawyer.</p>
<p>No, till we get back to the idea that wealth only comes from productivity, not from shifting money from one pocket to the other or marketeering gamesmanship, nothing will get fixed.</p>
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		<title>By: Silke</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27870</link>
		<dc:creator><![CDATA[Silke]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 09:11:24 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27870</guid>
		<description><![CDATA[how does a basketball player score?]]></description>
		<content:encoded><![CDATA[<p>how does a basketball player score?</p>
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		<title>By: Russ</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27868</link>
		<dc:creator><![CDATA[Russ]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 07:57:33 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27868</guid>
		<description><![CDATA[That&#039;s what he&#039;s trying to do, but:

1. This kind of sheen is problematic in itself. It&#039;s alot easier to keep selling out the people and conveying the loot when your rhetoric is all about &quot;free markets&quot; and &quot;entrepreneuers&quot; than when in theory you have to stick up for the disadvantaged.

2. Therefore a &quot;liberal&quot; corporatist has to overcome a greater dissonance between rhetoric and action than does a Republican. Therefore he must be a very skilled politician. Clinton was good at it. Obama doesn&#039;t seem to be up to the challenge.

3. Both of these are exacerbated in crisis times. Bush could bolster his corporatism with his war-on-terror diversion tactic and with demonizing any dissenter including on economic policy as an unpatriotic traitor who wants more 9/11s etc.

That kind of rightist jingoism is not as readily accessible to the corporatist-in-liberal-clothing like Obama. (Though with tons of help from the MSM he has tried to set up moral equivalences between birthers and nazis on the one hand and public option supporters on the other.)

The most important crisis point is that Clinton had the luxury of conducting all his looting during boom times (though I&#039;ve been hearing the argument that NAFTA doesn&#039;t get enough credit for the 1994 electoral debacle, that commentators overemphasize the failure of Hillarycare). People weren&#039;t as vigilant. Today the people are furious, and the more intelligent among them are hypervigilant and are doing all they can to raise every alarm. So that only radically increases the level of political skill Obama would need to deploy.

(Does Summers understand the difference between the political challenges facing these two admins he&#039;s been part of? As we know, he&#039;s always been bad at public politics.) 

Obama just doesn&#039;t seem to be that competent at all this. Everyone who&#039;s paying attention is saying with sarcasm and bitterness, &quot;Heckuva job.&quot;]]></description>
		<content:encoded><![CDATA[<p>That&#8217;s what he&#8217;s trying to do, but:</p>
<p>1. This kind of sheen is problematic in itself. It&#8217;s alot easier to keep selling out the people and conveying the loot when your rhetoric is all about &#8220;free markets&#8221; and &#8220;entrepreneuers&#8221; than when in theory you have to stick up for the disadvantaged.</p>
<p>2. Therefore a &#8220;liberal&#8221; corporatist has to overcome a greater dissonance between rhetoric and action than does a Republican. Therefore he must be a very skilled politician. Clinton was good at it. Obama doesn&#8217;t seem to be up to the challenge.</p>
<p>3. Both of these are exacerbated in crisis times. Bush could bolster his corporatism with his war-on-terror diversion tactic and with demonizing any dissenter including on economic policy as an unpatriotic traitor who wants more 9/11s etc.</p>
<p>That kind of rightist jingoism is not as readily accessible to the corporatist-in-liberal-clothing like Obama. (Though with tons of help from the MSM he has tried to set up moral equivalences between birthers and nazis on the one hand and public option supporters on the other.)</p>
<p>The most important crisis point is that Clinton had the luxury of conducting all his looting during boom times (though I&#8217;ve been hearing the argument that NAFTA doesn&#8217;t get enough credit for the 1994 electoral debacle, that commentators overemphasize the failure of Hillarycare). People weren&#8217;t as vigilant. Today the people are furious, and the more intelligent among them are hypervigilant and are doing all they can to raise every alarm. So that only radically increases the level of political skill Obama would need to deploy.</p>
<p>(Does Summers understand the difference between the political challenges facing these two admins he&#8217;s been part of? As we know, he&#8217;s always been bad at public politics.) </p>
<p>Obama just doesn&#8217;t seem to be that competent at all this. Everyone who&#8217;s paying attention is saying with sarcasm and bitterness, &#8220;Heckuva job.&#8221;</p>
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		<title>By: Serge</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27861</link>
		<dc:creator><![CDATA[Serge]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 05:31:26 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27861</guid>
		<description><![CDATA[This:

&lt;i&gt;There is a long-standing, and politically necessary, sham belief in the ineffectuality of government.&lt;/i&gt;&lt;b&gt;--Philip H&lt;/b&gt;

And this:

&lt;i&gt;A brief review of the actual concerns motivating our Founding Fathers should make clear to a mature reader that our present government has not ever, since its establishment, had “the interest of the people it is _supposed_ to represent” as a core motive. However, our government always has been for and by the people whom it truly represents.&lt;/i&gt;&lt;b&gt;--law student&lt;/b&gt;

And (provided that the phrase &lt;i&gt;&quot;two-headed dictatorship&quot;&lt;/i&gt; is intended to colorfully describe the way the two parties flock to work with corporations--the most authoritarian institutions we have in this country--rather than a literal, iron-fisted dictatorship) this:

&lt;i&gt;[the government] is simply a blackhole into which public outrage is funnelled. In this way one grasps best the brownshirt anger over health care and spending. Not for a minute is this outrage aimed at the system but merely at one of its components. The only authentic anti-system discontent today exists on the left and it is weak and poorly organized.&lt;/i&gt;&lt;b&gt;--Lavrenti Beria&lt;/b&gt;


I think this makes up the crux of the problem.  The question is, is it possible to get ourselves out of this mess--and to keep from descending back into something similar or worse each time a bubble bursts?  Or are businesses so entrenched, the profit seekers so amoral, and the population so thoroughly indoctrinated against the state (including the segment of the population running the state) that there&#039;s nothing that can be done?]]></description>
		<content:encoded><![CDATA[<p>This:</p>
<p><i>There is a long-standing, and politically necessary, sham belief in the ineffectuality of government.</i><b>&#8211;Philip H</b></p>
<p>And this:</p>
<p><i>A brief review of the actual concerns motivating our Founding Fathers should make clear to a mature reader that our present government has not ever, since its establishment, had “the interest of the people it is _supposed_ to represent” as a core motive. However, our government always has been for and by the people whom it truly represents.</i><b>&#8211;law student</b></p>
<p>And (provided that the phrase <i>&#8220;two-headed dictatorship&#8221;</i> is intended to colorfully describe the way the two parties flock to work with corporations&#8211;the most authoritarian institutions we have in this country&#8211;rather than a literal, iron-fisted dictatorship) this:</p>
<p><i>[the government] is simply a blackhole into which public outrage is funnelled. In this way one grasps best the brownshirt anger over health care and spending. Not for a minute is this outrage aimed at the system but merely at one of its components. The only authentic anti-system discontent today exists on the left and it is weak and poorly organized.</i><b>&#8211;Lavrenti Beria</b></p>
<p>I think this makes up the crux of the problem.  The question is, is it possible to get ourselves out of this mess&#8211;and to keep from descending back into something similar or worse each time a bubble bursts?  Or are businesses so entrenched, the profit seekers so amoral, and the population so thoroughly indoctrinated against the state (including the segment of the population running the state) that there&#8217;s nothing that can be done?</p>
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		<title>By: passersby</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27853</link>
		<dc:creator><![CDATA[passersby]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 03:38:28 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27853</guid>
		<description><![CDATA[I prefer to think of him as the whiteface minstrel man who prances and speechifies while his white massahs loot the yokel audience.]]></description>
		<content:encoded><![CDATA[<p>I prefer to think of him as the whiteface minstrel man who prances and speechifies while his white massahs loot the yokel audience.</p>
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		<title>By: law student</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27852</link>
		<dc:creator><![CDATA[law student]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 03:32:38 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27852</guid>
		<description><![CDATA[A brief review of the actual concerns motivating our Founding Fathers should make clear to a mature reader that our present government has not ever, since its establishment, had &quot;the interest of the people it is _supposed_ to represent&quot; as a core motive.  However, our government always has been for and by the people whom it truly represents.]]></description>
		<content:encoded><![CDATA[<p>A brief review of the actual concerns motivating our Founding Fathers should make clear to a mature reader that our present government has not ever, since its establishment, had &#8220;the interest of the people it is _supposed_ to represent&#8221; as a core motive.  However, our government always has been for and by the people whom it truly represents.</p>
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		<title>By: passerby</title>
		<link>http://baselinescenario.com/2009/09/14/obama-the-light-touch/#comment-27851</link>
		<dc:creator><![CDATA[passerby]]></dc:creator>
		<pubDate>Tue, 15 Sep 2009 03:30:27 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4984#comment-27851</guid>
		<description><![CDATA[&quot;This isn&#039;t just Obama&quot;.

No, he&#039;s just the President of the United States.  &quot;the most powerful man in the world&quot;.  Our great hope!  The change we believe in!

Or something like that.

in general, just think about how traveling entertainment used to work.  a talented guy who knew his lines would be up there on the stage in the darkened tent, doing his act.  the rubes be sittin down in the low seats.  and the operators be stalkin through there takin the wallets offen the rubes.  we got the operators up on Wall Street, we got the stage performer down in D.C. ...  close enough.]]></description>
		<content:encoded><![CDATA[<p>&#8220;This isn&#8217;t just Obama&#8221;.</p>
<p>No, he&#8217;s just the President of the United States.  &#8220;the most powerful man in the world&#8221;.  Our great hope!  The change we believe in!</p>
<p>Or something like that.</p>
<p>in general, just think about how traveling entertainment used to work.  a talented guy who knew his lines would be up there on the stage in the darkened tent, doing his act.  the rubes be sittin down in the low seats.  and the operators be stalkin through there takin the wallets offen the rubes.  we got the operators up on Wall Street, we got the stage performer down in D.C. &#8230;  close enough.</p>
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