Friday, May 15, 2009

Just Like The 30s ... That Worked Out SO Well...

On their two top domestic priorities, President Obama and leading congressional Democrats this week executed pincer movements that allied them with traditional adversaries in business and potentially isolated congressional Republican opponents.

These maneuvers on health care and energy could signal a crucial shift in Washington's tectonic plates of power.

"You've got business that has sometimes opposed everything Democrats have done lining up to help get it done," White House Chief of Staff Rahm Emanuel said.

The potential breakthrough on energy came on Tuesday when Democratic Reps. Henry Waxman of California and Edward Markey of Massachusetts introduced revised legislation to promote renewable energy and reduce the carbon emissions linked to global warming, but at a slower pace than they originally sought. The compromise, which Waxman's Energy and Commerce Committee is set to mark up next week, drew head-turning praise from the Edison Electric Institute, the utility trade association.