Our News Junkie must have been working too early to catch this masterpiece from VDH today, of the above title. It's a prediction for 2009, and further. I don't have time to comment. One quote:
So all that will change for now will be the sudden absence of shrill complaints that we live in an America without a Constitution. Static, same-old, same-old government policy will, of course, be said to have altered radically ("hoped and changed"), but it will also be refashioned in the media as "sober" and "judicious", as the administration moves "in circumspect fashion" to probe and explore "complex" and often "paradoxical" matters of national security that "indeed at the end of the day have no easy answers".
Expect much of the same on the economic front. For all the campaign hysteria about greedy Bushites who destroyed the economy, Obama realizes that in fact the seeds of the current financial weeds were sown years ago, and watered and fertilized by an array of both Democratic and Republican facilitators in Congress and hacks in government-affiliated mortgage sinecures. So expect the bailouts to continue. We will see Wall Street in about 24 hours after January 20 transmogrified from Gordon Gecko's habitat into a sort of the old Robert Rubin/Warren Buffet-like necessary institution about which a Sen. Schumer or Chris Dodd can offer invaluable advice and consultation.
Socially, we will get a mix of Maya Angelou, Oprah, and Rick Warren, a rich diversity of therapeutics that appeals to everyone's popular feel-my-pain tastes...
Do me a favor and read the whole thing.