The trouble with Democrats

The Nation
by William Greider

06/05/09

The governing party faced an awkward dilemma. People were hurting and furious at the government’s generous bailouts for banks. But how could the Democrats do something for the folks without upsetting their friends and patrons in the banking industry? Democrats think they found a way. They are enacting a series of measures described as ‘breakthrough’ reform and ‘unprecedented’ defeat for the bankers. Only these achievements are more accurately understood as ‘reform lite.’ The house is on fire and Democrats brought a garden hose. The Democratic Party is changing in some promising ways, but what’s impressive is how much it has not changed...

//www.thenation.com/doc/20090622/greider


Informant: Thomas L. Knapp



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