Robert Reich at HuffPo concludes:

So, I repeat: Why has it come down to these six? Who anointed them? Apparently, the White House. At least that’s what I’m repeatedly being told by sources both on the Hill and in the administration. "The Finance Committee is where the action is. They’ll tee-up the final bill," says someone who should know.

Visibly there is Kabuki in progress. Predicably, health-care reform is being disemboweled before us in the name of bipartisanship. But Reich fails to ask the obvious question: "Why?" Here are some conjectures that are floating around, and obviously there’s room for more.

1) Obama doesn’t believe in health-care reform and has cynically used the promise of health-care reform to get votes.

2) Obama and Emanuel are running an industry-shakedown racket, where they say to each industry one at a time: "Give us campaign funds and political support and your status will remain quo; otherwise, we’ll drop change you can believe in all over your ass."

3) Some powerful group has the goods on Obama and own him. Emanuel and Brennan are his "minders."

4) Obama has an unexplainable fascination with elderly conservative senators, e.g., Lieberman, Grassley, and Baucus.

UPDATE: under the first three conjectures, the function of the gang-of-six would be to serve as scapegoats so that Obama’s base doesn’t blame him and his administration for the weakness of the final bill.