If we can take Barack Obama at his word—and I fear we have to—we are in all likelihood entering a new era of regulation. Whatever Wall Street Pacification Package emerges from the current confusion, it certainly won’t turn things around before election day, which is looking more and more like a blowout win for the…
Tag: Barack Obama
Obama goes wild!
Never let it be said that a Harvard boy can’t talk the talk. In a recent speech, Barack Obama takes dead aim at those crazy free-market folks who’ve been running our economy for the last eight—no, make that sixteen!—years, thus rejecting our sacred New Deal heritage: “Unfortunately, instead of establishing a 21st century regulatory framework,…