Midsummer morass, part 2: Politics in the time of Blue Dog democrats
August 10th, 2009
Following up on last week’s post about the health care policy debate, the subjects addressed below focus on the on-going debate over financial reform. As the financial markets have continued to stabilize, the financial services industry has become increasingly outspoken in defense of its prerogatives and aggressive in its opposition to regulatory initiatives designed to prevent the policies that caused last summer and fall’s meltdown. We discuss the reasons and implications for this.
FiveThirtyEight’s Nate Silver assesses the impact of the conservative to moderate, predominantly rural and southern democrats known as “Blue Dogs” who have received most of the credit and attention this summer for slowing the health care reform bill in the House of Representatives. The July 29th announcement that an accommodation on the bill has been reached suggests that Silver’s analysis was remarkably prescient. more »













