From the L. A. Times, this morning:
"Reporting from Washington -- At its core, President Obama's overhaul of regulations for the financial industry seeks a fundamental change: Make the federal bureaucracy work for consumers, not just Wall Street. And Wall Street, not surprisingly, doesn't like it."
What a strange idea- that the regulators whose salaries we pay should actually work on our behalf. You can bet your bottom dollar that you would have never heard such socialist claptrap from President Saint McCain.
Get ready for plenty of righteous outrage from the Republican party over this one.
And also from the L.A. Times this morning:
"Lakers, fans have a party"
No, wait a minute- wrong story. I meant this one:
"Southern California home prices rise slightly in May
The median price was $249,000, which is up less than 1% from $247,000 in April. It was the first month-to-month gain since July 2007."
The only sad part about this story is that the better job Obama does at fixing the economy, the sooner we'll have to hear the Republicans screeching that it was never that bad after all.
Update: This other piece of good news, from the New York Times:
"Obama Plans to Replace Bush's Bioethics Panel
The council was disbanded because it was designed by the Bush administration to be “a philosophically leaning advisory group” that favored discussion over developing a shared consensus, said Reid Cherlin, a White House press officer."
It may not make people feel any better about gay marriage or Guantanamo, but every bit of this is exactly the sort of damage repair that we expected from Obama.