Obama's regulatory reform - how much a positive

John Judis says progressives who are souring on Barack Obama's presidency should look at how much he's doing to beef up regulatory agencies.

All that may well be true, but Judis ignores the fact that Obama's about as limp, ultimately, as many Congressional Democrats — or he was, at least — on financial system reforms. (It remains to be seen whether unmuzzling Paul Volcker is a sign of real, ongoing commitment or not.)