NFIB and Lincoln have teamed up to launch a campaign urging the EPA not to do anything about greenhouse gases, and she details her fight in an interview with Environment & Energy Publishing’s E&E TV. It’s not a very coherent interview, as Lincoln just repeats an endless flood of talking points (uninspired ones, too) and verbally treads water. She’s a politician, not an expert on policy, or anything else. The basic idea is that there are too many regulations, and regulations are bad.

Monica Trauzzi: EPA hasn’t yet sent its proposed rule of greenhouse gas emissions for utilities to OMB. The deadline is September 30. Do you take that as a sign that maybe there are some other regulations that they’re thinking of rolling back on?

Sen. Blanche Lincoln: I certainly hope so. I mean, that is definitely what we’ve been aiming for is to make sure — and you can go to our Website, www.sensiblereg.org, and that is where you can see these small businesses talking about what they face on a day-to-day basis, the cost of it, the time, how it is, you know, prohibitive towards them being able to reinvest their resources into their businesses to create new jobs. And it’s not just the new regs that come out, it is the uncertainty of what happens. You know, you’re exactly right, delaying that greenhouse gas emission rule is something that should be done if we don’t have all the facts, if we don’t have the appropriate cost-benefit analysis, if we don’t have the appropriate analysis of what, you know, is going to actually happen with that. OMB has got to have — I mean, sometimes it can take them two or three or four months, you know, to get that information out. And that is absolutely appropriate and it should not go forward until we have all that information. But when there are over 4200 new pending regulations out there, it just creates this unbelievable arena of uncertainty in businesses large and small, but particularly small, because they get hit harder. They’re not going to take their own money and spend $10,000 or $10 million, because they don’t know what those types of regs are going to cost them.

Uncertainty is bad, so the EPA must delay its new regulations as long as possible. 4,200 new regulations!

This is all fairly standard-issue Republican cant. Which isn’t surprising: The oil and gas industry were another of Lincoln’s major funders. (Lincoln also received more money than any other Democrat from ALEC, the organization that helps major industries write their own right-wing legislation in statehouses across the country.)

Blanche Lincoln’s loss proved that out-Republicaning the Republicans is an insane way to try to win an election, but Democrats never bother to learn that lesson.

And, for some reason, John Cornyn approvingly quoted a far-right secessionist novelist guy.

But while the Republicans hate Thurgood Marshall for extending those damn “special protections” (like regular protections, but for non-white people) to minorities, they want to make it clear that they expect any potential Supreme Court justice to always support the rights of their favorite put-upon minority groups: the United States military, incumbent senators, Republican presidential candidates, and corporations.

After Pat Leahy’s interminable opening questions about how much Kagan loved her parents and how nice and well-respected she is, Sessions began hammering her on the military recruiters thing. The issue was, the military was unable to sign Harvard’s nondiscrimination pledge, because it is, you know, a discriminatory employer. So it had to use the veterans’ organization instead of the Harvard Office of Career Services.

Sessions, in repeatedly asking why Kagan did not grant special treatment to the military, kept asking her why she discriminated against the military and treated our brave recruiters “in a second-class way.” Silly legal progressive — you’re only allowed to treat gay people in a second-class way.

(Kagan was asked if she thought Bush v. Gore was decided correctly. In 2003, she knew that it was not decided correctly. This morning she declined to answer.)

Orrin Hatch questioned Kagan on the Citizens United case. Kagan, obviously, argued that case, which would seem to make her position on the matter of the constitutionality of campaign finance laws known. But she told Hatch that as a judge, she would consider it “settled law.”

Hatch nearly got teary-eyed when discussing the poor corporations of Utah that were discriminated against by campaign finance laws. Why does Kagan hate Utah’s thousands of corporations that are made up of only one person? (Though theoretically this one-person corporation could conduct political speech as a one-person ,,, person.)

The conversation got weird when Hatch seemed to claim that restrictive campaign finance laws were somehow not bad for incumbents:

Kagan says campaign finance laws were “selfless” act of Congress, because all empirical evidence suggests union and corporate money protects incumbents.

“Tell that to Blanche Lincoln,” Hatch says. “Lincoln is one of the nicest people around here who had ten million spent against her by the unions, just because they disagreed with her.”

OK, but … Blanche won. And doesn’t Orrin think money is protected political speech? And if so, isn’t spending money to defeat her because you disagree with her policies … basically the entire point of politics? Unless Orrin wants Kagan to decide that unions aren’t allowed to be mean to his Senate friends, I guess.

Hatch was also outraged that the president criticized the Citizens ruling … while the Supreme Court was in the same room as him. The nerve! The court is very sensitive! Obama should’ve formed a one-man corporation in Utah and bought thousands of TV ads, if he wanted to exercise his right to express an opinion on the decision.

Kagan is expected to be easily confirmed because this whole thing is basically a fun way for the Senate to pass the time without having to pass legislation or anything.

“We are not an arm of the White House or the DNC or a political party,” an AFL-CIO spokesman huffed. “We work on issues. And if we feel like someone is standing up for working families, we support them, and if they don’t, we won’t.”

Halter’s out-of-state Internet backers reacted furiously. Salon’s indispensable Glenn Greenwald, co-founder of Accountability Now, which helped recruit Halter, argued that the “Democratic Party establishment” had abandoned its constituents.

Citing Lincoln’s “extreme unpopularity in Arkansas,” he argued that “most key progressive factions — grass-roots organizations, progressive blogs, civil liberties groups, and unions — would want to see Lincoln removed from the Senate.” Polls, he insisted, showed Lincoln has “virtually no chance of winning in November,” but that Halter did.

Presumably these would be the same polls that also showed Halter defeating the extremely unpopular Lincoln. Greenwald conceded that, “In an ideal world, we could have gotten behind a candidate who was really exciting … But we don’t live in that world, so Bill Halter is what we could get.”

Elsewhere, my favorite Democratic blogger Digby reacted sharply to the anonymous White House critic: “Is the ghost of Richard Nixon working in this administration or what?”

Inside Arkansas, Judge Wendell Griffin, “an unapologetic Halter supporter,” descried a racial insult. The White House, he wrote, “shouldn’t treat the people who supported Halter’s senatorial bid like field hands by talking and acting like plantation owners.”

Now that the dust and feathers have settled, here’s my view: If anybody’s acting like Republicans, it’s progressives determined to purge ideologically impure Democrats from Southern and Midwestern farm states whose views largely reflect their constituents’ extremely mixed feelings about the party’s agenda. A more self-defeating strategy would be hard to imagine. Nobody’s questioning anybody’s rights, only their political judgment.

Why did the White House back Blanche Lincoln? Probably because while she opposed the “public option” in President Obama’s healthcare bill, when push came to shove, she gave him a politically courageous 60th Senate vote putting the bill over the top. Courageous because “Obamacare” remains widely misunderstood and wildly unpopular in a state where the president earned 39 percent of the vote in 2008.

With that vote, Lincoln put her career on the line. Obama would have been an ingrate had he not supported her during the primary. That’s probably also why Blanche’s winning margin came almost entirely from Arkansas’ most reliably liberal precincts in Little Rock and Fayetteville. Women in particular appeared to think that they owed her too. Many Halter votes came from rural Democrats apt to lean Republican in November.

Simply and very broadly put, the race was viewed very differently inside than outside Arkansas. Pragmatism had a lot to do with it. For all the cultural conservatism of its largely rural and small town populace, the state hasn’t yet adopted Southern-style Republicanism. At present, Arkansas’ governor, both U.S. senators, and three of four congressmen are Democrats. Many would prefer keeping it that way.

I don’t believe I know a Democrat who hasn’t been put out with Sen. Lincoln over something or other. Her GOP-accented stance on estate taxes makes me crazy. But many also believed that nominating a candidate promoted by labor unions and left-wing advocacy groups like MoveOn.org would essentially concede the Senate seat to an Oklahoma-style, right-wing Republican who’d then prove extremely hard to dislodge.

Sen. Lincoln, President Obama can count on maybe 50 percent of the time; her Republican opponent, never.

Arkansas being Arkansas, personal issues also figured strongly in the result. As a retail politician, Blanche is seen as warm and charming, with a disarming smile. Halter’s neither; he’s widely mistrusted by most people in politics. Word got around. Even local pundits who favored Halter expressed personal reservations. He attracted no name-brand Arkansas endorsements.

Both camps’ incessant and dishonest TV ads and robo-calls offended almost everybody. “With the clarity of hindsight,” confided a colleague who strongly supported the challenger, “I see now that Halter’s main theme — he was not Blanche Lincoln — might not have been sufficient for voters who possess more sophistication than pundits often grant them.”

At the end, Blanche let Bill Clinton attack the “outside special interests” while she expressed down-home patriotism and her chairmanship of the Senate agriculture committee. She hopes for a replay come November.

As originally described, Section 716 was supposed to force banks to “spin off” their derivatives trading operations. As the conferencing process reconciling the varying House and Senate versions of regulatory reform rumbles forward, the proposal is going through a process of “clarification.” Depending on who you trust, that means the proposal is either being weakened or made more sensible.

The key aspects of the clarification are that instead of spinning their derivatives operations off entirely, banks will be allowed to move them into subsidiary operations that are required to reserve significantly larger amounts of capital against potential trading losses than before. Community banks — defined as holding under $50 billion worth of assets — will be exempted from the requirement. And everyone will get two years of breathing room to implement the provisions.

FireDogLake’s David Dayen, a redoubtable blogging warrior for the left, concludes that the proposal is being gutted. But the Financial Times, citing Paul Volcker’s “softening of opposition to the provision,” reports that “banks are likely to lose a key lobbying battle.” Barbara Kiviat, writing at Time’s Curious Capitalist blog, argues that “whether or not banks wind up having to spin off their derivatives units … Blanche Lincoln has already come out ahead … because lobbyists …  have expended an incredible amount of time and energy trying to get rid of Lincoln’s provision,” which has distracted them from warding off other threats.

But perhaps the best ratification of the process, even if the proposal’s sharper edges are getting rounded off, is how distinctly unhappy the lobbyists and bankers sound.

From the Wall Street Journal:

James Mahoney, director of public policy for Bank of America Corp., said: “We are concerned that we won’t be able to provide our customers with financial products they need to manage risk and grow and that foreign banks will step in and take that business.”

From Bloomberg:

“The restrictions under the new proposal are not much different than complete divestment,” said Scott Talbott, senior vice president of government affairs for the Financial Services Roundtable, a Washington-based trade group.

We won’t know the final details until later next week. Meanwhile, neither the progressives nor Wall Street seems happy: standard operating procedure, for the Obama era.

Which raises profound questions about Clinton’s  dogged campaigning for Blanche Lincoln, D-Ark., whose comeback victory in a bitter primary last Tuesday was attributed to his support. Today, Lincoln rewarded him by joining with Republicans in a landmark vote to block the Environmental Protection Agency from regulating greenhouse gases. Indeed, Lincoln was one of three conservative Democratic senators (along with Mary Landrieu of Louisiana and Ben Nelson of Nebraska) to co-sponsor the resolution authored by Sen. Lisa Murkowski, R-Alaska.

Widely regarded as a blatant and mindless political attack on science, the Murkowski-Lincoln resolution is also a rebuke to Clinton and everyone who shares his view that climate change is the most important challenge facing the world in this century. The former president has repeatedly urged Senate Democrats to pass serious cap-and-trade or carbon tax legislation by whatever means necessary, including the now-controversial method of reconciliation.  He often speaks in apocalyptic terms on the topic, as he did last year when he said that “Congress must pass, and the president must sign, legislation that puts a price on carbon and establishes a cap and trade system … properly pricing something that is otherwise going to destroy the planet.”

Whatever he and Lincoln discussed before he went into Arkansas on her behalf, she evidently has not gotten his fervent message on climate. While her assumption of the chairmanship of the Senate Agriculture Committee in 2009 was a victory for their home state, it was a debacle for environmental progress, especially on climate policy, because she simply doesn’t “get it” on energy, farming and climate. She is a mediocre senator overall, but on these critical issues she is a horror show.

Lincoln comes from a wealthy family whose fortune is based on rice farming, so she represents traditional agriculture interests that have joined with Big Oil and other corporate lobbies to fight environmental progress for many years. In Arkansas that is politically astute, because so many voters there tend to disdain the environmental movement as extreme and economically threatening.

Yet nobody is more eloquent than the president from Hope in explaining why sound environmental and energy policy would promote rapid economic growth and balanced budgets. And people in Arkansas apparently still listen to him. So maybe he should spend a little more time trying to persuade them that he knows what he’s talking about on climate — and a little more political capital pushing Democrats like Lincoln back toward the scientific consensus and the political center (which, as a new Washington Post-ABC News poll shows, strongly favors more, not less, regulation to forestall a climate disaster).