CAUTIOUS OBAMA?

Today's news. The picture that has been emerging in the last few weeks is of an increasingly cautious Obama. Do we have to start worrying?

1. The Washington Post on rumors about Obama's willingness to jettison the public plan option in health care reform.

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/20/AR2009042003702.html?wpisrc=newsletter&wpisrc=newsletter&wpisrc=newsletter

2. The Associated Press and the New York Times on the toxic assets rescue plan and its being too favorable to banks and financial institutions.

http://news.yahoo.com/s/ap/20090421/ap_on_go_ca_st_pe/us_meltdown_bailout
http://www.nytimes.com/reuters/2009/04/21/us/politics/politics-us-financial-bailout-report.html

3. The NYT on the CIA torture practices, and increasing discontent with Obama's decision not to prosecute CIA agents
http://www.nytimes.com/2009/04/21/us/politics/21intel.html?_r=1&hp

4. And not so good news from Spain: deflationary signs in the Spanish economy. Is deflation going to spread?

http://www.nytimes.com/2009/04/21/business/global/21deflate.html?ref=business