The true travesty of the Obama administration isn't its leftist politics but the fact it continues the same corporatist of the last regime while maintaining the guise of being "progressive." In most substantive ways, this regime is even more regressive than the last one. At least Bush Jr. was willing to say that one war was enough, while Obama antes up the stakes in Afghanistan in both blood and treasure.
With a chance to appointment a new Treasury Secretary we could have had some oversight of the $900 billion TARP program. Unfortunately, according to the TARP oversight commitee all efforts to stem the housing implosion seem to be as fruitless as the policies of the last Treasury Secretary, ex-Goldman Sachs CEO Paulson.
To roughly paraphrase Williams Shakespeare, "A Bush is a Bush by any other name." In judging Obama on the key issues of the economy and the war, it's hard to make the case he's different from his predecessor in any truly substantive or meaningful way.