"How the Democrats shellacked themselves"

Joan Walsh (Salon):

The smart money may be on Obama caving to the GOP, as he did when Republicans demanded a smaller-than-needed stimulus, healthcare reform without a public option or curbs on industry profits, financial reform without a ban on banks' gambling with federally insured money -- and then delivered few or no votes for the watered-down result, anyway. I still believe Obama can stick to his guns, realizing that he's living through a depressing hazing ritual for Democratic presidents -- being stuck cleaning up after a Republican bacchanal -- and refuse to budge. MORE...