http://tinyurl.com/acw48a

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One of many highlights of the stimulus bill the Democrats just rammed
through Congress is $8 billion for high-speed rail. What makes this
appropriation special is that there was no money for high-speed rail in the
original House legislation. The Senate bill had $2 billion. The legislation
coming out of conference "compromised" on $8 billion.

How did this happen? Well, some of that $8 billion, as the Washington Post
reported Friday, seems intended for "a controversial proposal for a
magnetic-levitation rail line between Disneyland, in California, and Las
Vegas, a project favored by Senate Majority Leader Harry M. Reid (D-Nev.).
The 311-mph train could make the trip from Sin City to Tomorrowland in less
than two hours, according to backers." Reid of course played a major role in
putting together the final bill.

That's the kind of policymaking the new Obama administration has embraced in
its signature legislative proposal: a congressional process as unseemly as
ever; an emergency bill that barely addresses the emergency; a "stimulus"
bill short on stimulus (is that magnetic-levitation rail line
"shovel-ready"?).

What accounts for this debacle? You could start with a lack of presidential
leadership. Who would have thought the missing player in the first month of
the administration would be Barack Obama? He let his signature economic
legislation, the stimulus, be shaped by congressional Democrats. He let
internal disputes over the difficult question of how to save the banking
system result in a disastrous non-announcement of a non-plan by Treasury
Secretary Timothy Geithner last week. Before that, he let Geithner become
Treasury secretary after cheating on his income taxes, and waived his own
ethics rules to appoint a lobbyist as deputy secretary of
defense--undercutting his promises to clean up Washington. He allowed Rahm
Emanuel to politicize the Census Bureau, losing as a result his commerce
secretary-designee, Judd Gregg, an ornament of his professed hope for
bipartisanship.

In foreign policy, Obama has exerted no more control. He allowed both
Super-Special Pooh-bah Richard Holbrooke and National Security Adviser Jim
Jones to give interviews to the New York Times and the Washington Post,
respectively, touting their own importance and presenting the president as a
distant player in the formulation of foreign policy. Meanwhile, turf wars in
the State Department and the National Security Council are even more
bitterly fought than usual. The tale of Holbrooke shouting at Undersecretary
of State Bill Burns that he'll keep Burns waiting as long as he wants, since
he (allegedly) outranks Burns, makes the Rumsfeld-Powell drama look tame.

...

So Republicans have some reason to cheer. But not much. The country needs a
president capable of exercising leadership at home and abroad. Barack Obama
has had a charmed career. He's been the magnetic-levitation train of recent
American politics, skimming over the surface at great speed without having
to slog through the mud that slows down and climb over the boulders that
trip up normal politicians. But now he's president. The charm is wearing
off. It's time for him to stoop to govern.
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It's a train wreck in fast-forward.

- Bob


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