What the Shrill One Says

Paul Krugman, in discussing the response of the Obama administration to the foreclosure fraud crisis, a go slow and protect the bankster response, notes that it's the same response that they have to every crisis:

As NAME ISSUE HERE has come to light, the Obama administration has resisted calls for a more forceful response, worried that added pressure might spook the banks and hobble the broader economy.

Whether it has been an excuse for inaction, such as financial reform, or the fraud perpetrated on desperate home owners with the HAMP, or the avoidance of the good for the mediocre, as with healthcare the administration seems to have a deep and abiding fear of effective action and good policy, even when it is good politics.