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January 08, 2009

Obama fever wearing down at Talking Points Memo?

Over the last day or two, Josh Marshall, owner/publisher of the combined blogging-news site Talking Points Memo, seems to be having the rose-colored Obama glasses sliding further and further down the bridge of his nose.

Take this quote, for example:
Over almost two years, I've learned not to underestimate Barack Obama or assume reflexively that if he's not following my idea of the best way to proceed that he hasn't thought up a much better one I hadn't considered. But it does look to me like he's ceding the initiative to Congress (on his stimulus package).

Then, there's a brief comment in a linkto a reader blog post, about, "What's the deal with all the talk about reining in Social Security?"

And, that poster then says, re Obama targeting that and Medicare, "How can we honestly address the economic challenges we face if the solutions being offered don't seem to address the problem at hand?"

At the same time, earlier this week, Marshall linked to a WSJ blog post noting that Larry Summers, B.O.'s economic Swengali, led the bashing of Raghuram Rajan’s 2005 presentation at the Kansas City Fed’s Jackson Hole symposium about the upcoming dangers in the marketplace and how markets don't always get it right.

Marshall didn't mention Summers by name in his post, and when I pointed that out, noted the post spoke for itself. Maybe he didn't want to show too much Obama disillusionment?

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