Obama To Tea Party: 'Identify, Specifically, What Would You Do?'

In a certain way, you're correct.

Obama has watered down Democratic legislation, conceding ground on the left that really wasn't his to concede.  He did it, he's claimed, to get Republicans' votes, but it hasn't worked.  Instead of withdrawing the legislation and putting the 'real thing' through by way of reconciliation, he gets Republican-like legislation passed, to the pleasure or satisfaction of his corporate masters.  They are who he and Democrats have always intended to please anyway.  What Obama and Democrats have needed, though, is cover with Democratic voters, and so far 'being inept' is something that Obama's most ardent supporters accept and forgive.
Read the Article at HuffingtonPost