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Don’t ask don’t tell

Is ‘Political Capital’ Fungible?

written by Joe Walsh

In the past week, I have seen mainstream media stories explaining that the Obama White House plans to use the President’s “political capital” to deliver on the climate change bill, health care reform, and the Sotomayor confirmation.

As I noted in a previous post, one of the reasons that these initiatives require him to expend any capital at all in a majority Dem Congressional session is the breakneck speed with which he claims to want it all done. Add the arm-twisting he has already had to perform to get the stimulus bill through, and more recently to get what fragile buy-in he has for his auto bailout, and there must be a lot of sore shoulders in the Capitol.

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June 12, 2009 1 comment
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