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Thursday 18 February 2010

Fifteen months ago, America elected the most compellingly progressive president in fifty years. It also elected the largest Democratic majority in the House and Senate in more than a generation. Yet practically every major reform that this young president has promised is now stalled in Congress. Health care languishes. Global warming legislation is no longer even discussed. The financial services sector has yet to be re-regulated (Congress is taking a break from that while they shuttle back and forth to Wall Street fundraisers). The bold effort to create a Consumer Financial Protection Agency has died the death of a thousand cuts, as exception after exception has been inserted into this the mother of Swiss cheese reform. Loyalists, of course, blame all this on the crazy Republicans. No doubt, the GOP has pushed the tradition of partisanship to an extreme. But to pin the faults of the last 13 months on one party is to betray an extraordinary ignorance about the dynamic of the Fundraising Congress. Lawrence Lessig

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