“the Obama administration is dithering..”

When even Michael Tomasky is grumbling about the Obama administration you know something’s seriously wrong.. Of course, he’s taking his cue from Paul Krugman in the NY Times

But among people I talk to there’s a growing sense of frustration, even panic, over Mr. Obama’s failure to match his words with deeds. The reality is that when it comes to dealing with the banks, the Obama administration is dithering. Policy is stuck in a holding pattern.