Most had no illusions that everything would change the minute Barack Obama took the oath of office, and that the Republicans would immediately burn their Ronald Reagan and Bush pictures and pledge allegiance to Obama. But I did think that Obama's solid victory in November, if nothing else, would make it clear that the bankrupt (literally) policies of the last eight years would no longer be seriously considered as a solution. I certainly knew that the Republicans would try to claw their way back to power, but I never imagined they would pull a Groundhog Day, acting as if the absolute meltdown of the last eight years hadn't happened. After all, by electing Obama, the American people pretty directly rejected the failed ways of doing business. Of all the problems George W. Bush and his enablers in Congress left on Obama's desk, the most pressing is perceived to be the economy. So Obama's first major legislative initiative was the stimulus package. Under the market-cures-all philosophy of the last administration (and, in fairness, every administration going back to Ronald Reagan), the financial system collapsed as the greed and irresponsibility of institutions finally reached a tipping point. But during the last eight years was the historic and devastating redistribution of wealth, whereby Bush's tax cuts for the rich and unfailing support for corporate interests led to a situation where, over the last 20 years, the top 10 percent took 90 percent of the income gains in this country. And the top 1 percent took roughly 60 percent. And the top 1/10th of 1 percent took 35 percent of that. The system of tax cuts turned the surplus of the Clinton years into a massive deficit, even before the $700 billion financial bailout and current stimulus package came into play. And the Bush years allowed massive gains for the wealthy, all while middle class wages, in real dollars, fell. Seriously? More freakin' tax cuts? What's next? Are they going to be asking for less regulations on Wall Street? Another invasion of Iraq? Were they not watching what happened the last eight years (and, more importantly, what the American people voted for in November)?