Today in Talking Points


Tom Tomorrow, ca. 1997It’s almost like connect the dots. Of course, that’s why they’re called “talking points”:

  • Politico covers the latest conservative argument, that wealth and conscience don’t mix.
  • Steve Benen explains the obvious about that argument.
  • And Tom Tomorrow dusts fourteen years off an old cartoon, for obvious reasons.
  • Meanwhile, Rob Goodman hopes to intellectually validate equal criticism against all political players, the feelgood fallacy also known as “both sides do it”.
  • And why not get some election coverage from Karl Frisch, a Democratic strategist trying to explain what’s wrong with Republicans.
  • If that doesn’t do it for you, try the latest Obama-hates-Christians “war on Christmas” lament. (At least it’s not as mortifying as Rush Limbaugh’s astonishing defense of the Lord’s Resistance Army.)

Or, it’s just another day in the life. Something about decadence. Something about the fall of Rome. Something about what we do with what we are given.

    Let me say this is as clearly and as simply as I can: Republicans did not overreach. What they did is who they are. It is what they stand for. It is what they campaign on.

    To claim otherwise would be like saying fish live under water because they suffer from unquenchable thirst.

    Karl Frisch

Meet Elizabeth Warren


Photo by Stephen Crowley/New York TimesSo The New York Times deems, and so it shall be: It is time to meet Elizabeth Warren:

Among all the dramatis personae of post-financial crisis Washington, there is no one remotely like Ms. Warren, 60, who has divided the town between those who admire her and those who roll their eyes at her ….

…. Ms. Warren has two roles here: officially, as head of Congressional oversight for the Troubled Asset Relief Program, and unofficially, as chief conceiver of and booster for a new consumer financial protection agency. Fusing those projects and her academic work, she has become the most prominent consumer advocate in years.

In a blitz of television appearances, she offers a story of how 30 years of deregulation has rewarded the financial industry but led to abusive practices and collapses that have hurt ordinary Americans — the same taxpayers who are paying for bank bailouts.

Ms. Warren’s climactic hour begins now: three years after she hatched the idea for the agency, the White House has backed it, the House of Representatives has approved it and it is a top Democratic priority in the Senate.

Many fans, including Representative Barney Frank, Democrat of Massachusetts, hope Ms. Warren will run it. But even if the agency is approved, it might be far weaker than what she envisioned, thanks to fierce opposition from the financial industry.

Her admirers are many, including President Obama and House Financial Services Chairman Rep. Barney Frank. As Jodi Kantor’s story for the NYT hits the newsstands, Professor Warren is already well-known to fans of Bill Maher’s Real Time, on HBO. Her two appearances to date have shown her endearing, such that my first response was like that of a child to a puppy: “Can we keep her?”

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