An Implausible Populist

Obama hopes to join forces with the protesters, but his record tells another story

Carolyn Kaster / AP

A sign of desperation from the Obama White House: senior adviser David Plouffe now says public anger over Wall Street will be a big part of the President's 2012 strategy. "We intend to make it one of the central elements of the campaign next year," Plouffe told the Washington Post. "One of the main elements of the contrast will be that the President passed Wall Street reform and our opponent and the other party want to repeal it." True enough. The President did sign the watered-down, overly complicated and difficult-to-enforce Dodd-Frank reform package last year, and the Republicans, at the bankers'...