If healthcare ain’t Obama’s Carter moment, fiscal issues are

First, the idea of Big Ben Bernanke being reappointed to head the Fed isn’t going smoothly. Why? Timmy Geithner at Treasury, and his trying to make his old boss’s job part of Treasury, is a fair part of the problem; add in Larry Summers hovering in the background and you have trouble..

Meanwhile, US income inequality is not just the worst since the Depression, it’s the worst sinced before we entered World War I. It’s no wonder teabaggers are angry, while pseudolibs continue, by silence if nothing else, to defend Pres. Kumbaya.

And, a lot of non-Goldman Sachs real banks could be in bad loan trouble to boot.

Obama platitudinizes while America burns.

Unfortunately for real reform, he, like Reagan, will get lucky to have this recession mostly gone before he runs for re-election.