Shelby Steele

I direct you to Shelby Steele's The Wall Street Journal piece on January 21.

Here's the last paragraph:

Of course the bad economy has checked some of Mr. Obama's progressive ambitions. He will live with the Bush tax cuts for the time being, and he may include some business tax cuts in his stimulus package. But he clearly wants a more redistributive and socially activist government. And he will be helped in this by two unique sources of authority: the urgency of our economic troubles and his moral authority as the first black president. Again, I am not hopeful for him here, and I despair at seeing the moral capital of my race put to these ends.