Put together, these three assessments are devastating, even though Cohen has not caught on yet to the fact that Obama is not a reformer, and never has been one. Applebaum has the best description of the underlying fault; Clinton, Obama, and Pelosi are not living in the real world, a world in which nations have histories that can not be reset, constitutions and laws that can not be ignored, and financial problems that can not be solved simply by giving more power to the federal officials who did so much to create those problems.
One final, sobering thought: We are accustomed to discounting “campaign rhetoric”, accustomed to assuming that politicians do not believe much of what they say during a campaign. But we must, from time to time, consider the possibility, however unpleasant, that campaigners believe much of what they say. Clinton, Obama, and Pelosi may have believed the attacks they made on George W. Bush, who they depicted as both misinformed and misguided. That would explain why they seem to think that they can simply replace Bush and “reset” things to make them right.