"The debate is over. The economy is obviously still struggling, but the stimulus did what it was supposed to do, and has made a real, positive difference. Conservatives were wrong about Reagan's tax increases. They were wrong about Clinton's tax increases. They were wrong about Bush's tax cuts. And now, they're wrong again now." Steve Benen has the goods.
"Thanks to the lobby, the simplest, most robust ways of reforming Wall Street were never even on the table in the first place, and the reform bills now grinding their way through Congress are already complex enough that most bankers will have little trouble eventually figuring out a way to worm their way around them." Kevin Drum
"Obama’s China Trip Failed Everywhere But China." Mahablog
"A Republican operative tells us that if the Republican National Committee ends up passing the so-called 'purity' resolution - which would cut off party support for candidates that violate three or or more out of ten key conservative policy positions -- it's unlikely that party campaign committees will actually abide by it." Talking Points Memo
"So I think it is entirely possible that Obama will be 0 for 2 if he escalates in Afghanistan. And it is extremely dangerous for him to go on alienating his base, which wants peace and prosperity, with policies that make rightwing Republicans happy-- coddling bankers in a jobless recovery and an escalation of an eight-year-old, increasingly unpopular war." Juan Cole
