"Larry Summers and I were both on the side of 'we need a more definitive clean-up of the financial system.' And the question was if somebody, you know, really wasn't solvent, do you need the government to put in capital, realize the losses, clean it up, and then put it back into private hands?" - Christina Romer, White House Economic Advisor 2009 - 2010
Any serious study of this administration's policies reveals a most pragmatic response by Obama at almost every turn. From the selection of Treasury Secretary Tim Geithner and many other establishment appointees, to the decision not to seize or take the banks to the woodshed, Obama has erred on the side of caution and market reassurance rather than a confrontation with forces that would flirt with a stalemate leading to economic stagnation or catastrophe. It is essential that the story be told clearly and that we rely on the accomplishments. That looks to be the approach the Obama campaign will employ based upon the message from the campaign thus far. The facts are more than embarrassing for the right's apologists.
Others here are far more knowledgeable than am I on energy issues. People like A Siegel, Jerome a Paris and Meteor Blades have been on this topic since before the first Yearly Kos convention in Las Vegas in 2006.
This is an issue as important as any we face. It certainly connects with my concerns about public education.
So this morning I find myself impelled to bring attention to Jackson's op ed, to explore the related issues, and if possible to make an argument as broadly as possible about why an appropriate national energy policy is of immediate and critical necessity.