The turning point of Obama’s presidency was probably HCR and it seems to have emboldened him on another major portion of his agenda, Wall Street reform. This is going to be a heavy lift for the opposition this time because even a majority of the Republican base wants Wall Street reform. In a classic Obama basketball look offesque move Obama has changed the game and is willing to let go of the big bank bailout fund (the fact is it was banks paying for their own bailouts this time despite how Republicans lie) and drawn the line in the sand on derivative regulations. Now when the Republicans do not cooperate and they will not, they will be firmly on the wrong side of public opinion and their true motives will be revealed.
In other news on this glorious day.