Obama in Rolling Stone: addresses public option, progressive frustration

Obama in Rolling Stone: addresses public option, progressive frustration

via The Reid Report by jreid on 9/28/10

A key passage from the Obama interview:

What is true, and this is part of what can frustrate folks, is that over the past 20 months, we made a series of decisions that were focused on governance, and sometimes there was a conflict between governance and politics. So there were some areas where we could have picked a fight with Republicans that might have gotten our base feeling good, but would have resulted in us not getting legislation done.

I could have had a knock-down, drag-out fight on the public option that might have energized you and The Huffington Post, and we would not have health care legislation now. I could have taken certain positions on aspects of the financial regulatory bill, where we got 90 percent of what we set out to get, and I could have held out for that last 10 percent, and we wouldn’t have a bill. You’ve got to make a set of decisions in terms of “What are we trying to do here? Are we trying to just keep everybody ginned up for the next election, or at some point do you try to win elections because you’re actually trying to govern?” I made a decision early on in my presidency that if I had an opportunity to do things that would make a difference for years to come, I’m going to go ahead and take it.

Next, Obama tackled finreg:

I just made the announcement about Elizabeth Warren setting up our Consumer Finance Protection Bureau out in the Rose Garden, right before you came in. Here’s an agency that has the potential to save consumers billions of dollars over the next 20 to 30 years — simple stuff like making sure that folks don’t jack up your credit cards without you knowing about it, making sure that mortgage companies don’t steer you to higher-rate mortgages because they’re getting a kickback, making sure that payday loans aren’t preying on poor people in ways that these folks don’t understand. And you know what? That’s what we say we stand for as progressives. If we can’t take pleasure and satisfaction in concretely helping middle-class families and working-class families save money, get a college education, get health care — if that’s not what we’re about, then we shouldn’t be in the business of politics. Then we’re no better than the other side, because all we’re thinking about is whether or not we’re in power.

Read the whole thing here. It’s long, but worth it.

Posted via email from The New Word Order