Yahoo has the article Why Obama is happy to fight Elizabeth Warren on the trade deal.

“Think about the logic of that, right?” he went on. “The notion that I had this massive fight with Wall Street to make sure that we don’t repeat what happened in 2007, 2008. And then I sign a provision that would unravel it?

“I’d have to be pretty stupid,” Obama said, laughing. “This is pure speculation. She and I both taught law school, and you know, one of the things you do as a law professor is you spin out hypotheticals. And this is all hypothetical, speculative.”

What I can’t understand is why, when Obama finds himself in this hole, he doesn’t stop digging. He has exactly identified what I am wondering about him. Yes, why would he fight the massive fight for reforms like Dodd-Frank, and then turn around and sign a provision that would unravel it? It makes no sense to me, but that is exactly what he seems to be promoting.

Yes, it does look like one explanation would be that he’d have to be pretty stupid. When he gets to the heart of the matter, he won’t explain why he says that what she speculates can’t possibly happen. He doesn’t address the evidence that what Warren is speculating on has already happened, and she cites numerous example, that he makes no effort to dispute.