*
http://www.washingtonpost.com/wp-dyn/content/article/2009/02/05/AR2009020502766_pf.html
*


*"A failure to act, and act now, will turn crisis into a catastrophe.*"

*-- President Obama, Feb. 4*.

Catastrophe, mind you. So much for the president who in his inaugural
address two weeks earlier declared "we have chosen hope over fear." Until,
that is, you need fear to pass a bill.

And so much for the promise to banish the money changers and influence
peddlers from the temple. An ostentatious executive order banning lobbyists
was immediately followed by the nomination of at least a dozen current or
former lobbyists to high position. Followed by a Treasury secretary who
allegedly couldn't understand the payroll tax provisions in his 1040.
Followed by Tom Daschle, who had to fall on his sword according to the new
Washington rule that no Cabinet can have more than one tax delinquent.

The Daschle affair was more serious because his offense involved more than
taxes. As Michael Kinsley once observed, in Washington the real scandal
isn't what's illegal, but what's legal. Not paying taxes is one thing. But
what made this case intolerable was the perfectly legal dealings that
amassed Daschle $5.2 million in just two years.

He'd been getting $1 million per year from a law firm. But he's not a
lawyer, nor a registered lobbyist. You don't get paid this kind of money to
instruct partners on the Senate markup process. You get it for picking up
the phone and peddling influence.

At least Tim Geithner, the tax-challenged Treasury secretary, had been
working for years as a humble international civil servant earning
non-stratospheric wages. Daschle, who had made another cool million a year
(plus chauffeur and Caddy) for unspecified services to a pal's private
equity firm, represented everything Obama said he'd come to Washington to
upend.

And yet more damaging to Obama's image than all the hypocrisies in the
appointment process is his signature bill: the stimulus package. He
inexplicably delegated the writing to Nancy Pelosi and the barons of the
House. The product, which inevitably carries Obama's name, was not just bad,
not just flawed, but a legislative abomination.

It's not just pages and pages of special-interest tax breaks, giveaways and
protections, one of which would set off a ruinous Smoot-Hawley trade war.
It's not just the waste, such as the $88.6 million for new construction for
Milwaukee Public Schools, which, reports the Milwaukee Journal Sentinel,
have shrinking enrollment, 15 vacant schools and, quite logically, no plans
for new construction.

It's the essential fraud of rushing through a bill in which the normal rules
(committee hearings, finding revenue to pay for the programs) are suspended
on the grounds that a national emergency requires an immediate job-creating
stimulus -- and then throwing into it hundreds of billions that have nothing
to do with stimulus, that Congress's own budget office says won't be spent
until 2011 and beyond, and that are little more than the back-scratching,
special-interest, lobby-driven parochialism that Obama came to Washington to
abolish. He said.

Not just to abolish but to create something new -- a new politics where the
moneyed pork-barreling and corrupt logrolling of the past would give way to
a bottom-up, grass-roots participatory democracy. That is what made Obama so
dazzling and new. Turns out the "fierce urgency of now" includes $150
million for livestock (and honeybee and farm-raised fish) insurance.

The Age of Obama begins with perhaps the greatest frenzy of old-politics
influence peddling ever seen in Washington. By the time the stimulus bill
reached the Senate, reports the Wall Street Journal, pharmaceutical and
high-tech companies were lobbying furiously for a new plan to repatriate
overseas profits that would yield major tax savings. California wine growers
and Florida citrus producers were fighting to change a single phrase in one
provision. Substituting "planted" for "ready to market" would mean a
windfall garnered from a new "bonus depreciation" incentive.

After Obama's miraculous 2008 presidential campaign, it was clear that at
some point the magical mystery tour would have to end. The nation would rub
its eyes and begin to emerge from its reverie. The hallucinatory Obama would
give way to the mere mortal. The great ethical transformations promised
would be seen as a fairy tale that all presidents tell -- and that this
president told better than anyone.

I thought the awakening would take six months. It took two and a half weeks.


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