Matt Yglesias is a staple of the progressive blogosphere, and here’s an example of why people read him:
My suspicion is that it means nothing at all. Just like how McCain is against crazy CEO compensation packages but doesn’t intend to do anything about it, he’s also against greedy Wall Street types but doesn’t intend to do anything about them, either. He’s long on moralism, and short on practical policy solutions.
Amen.