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Chris Hayes:

It seems strange, almost surreal, to say this, but the Republican Party, and arguably the whole conservative movement, is not the left’s biggest enemy at the moment. On keeping a public plan in healthcare reform; streamlining student lending; and passing the Employee Free Choice Act (EFCA), cap and trade, financial regulation and a host of other structural economic reforms progressives hope to enact, the GOP is more akin to the garbage men than the alderman. [Click the link for an explanation of what this analogy means. –ed.]

“Most Republicans aren’t waking up every day thinking, How do we kill banking regulation?” says Goehl. “Most people who listen to Rush Limbaugh aren’t waking up thinking about how do we kill banking regulation. But the people with the deep pockets who have power in DC are thinking that.

“I sometimes get frustrated because it seems like the left isn’t focused on corporate power. We like to talk about the Sarah Palins and Rush Limbaughs, and meanwhile the American Bankers Association is one of the main entities running the country.”

….While the Republican Party shrinks, corporate interests are deftly molting their old K Street Project skin and crawling en masse inside the big tent being pitched by the Democratic Party. These same corporate interests have always had a purchase on Democrats, of course. But for much of the last decade, business interests had the luxury of spending most of their resources aiding their allies in the GOP.

Chris is right: the biggest threat to the Democratic agenda these days isn’t the Republican Party.  It’s the Democratic Party.

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We didn't know what to expect when we told you we needed to raise $400,000 before our fiscal year closed on June 30, and we're thrilled to report that our incredible community of readers contributed some $415,000 to help us keep charging as hard as we can during this crazy year.

You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

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