The New Master of Wall Street

WSJ

 Obama in his infinite wisdom will direct the market

President Obama is a gifted man,but until yesterday we hadn’t known that his achievements include having predicted the financial panic of 2008. It was a "failure of responsibility that I spoke about when I came to New York more than [...]

After the Bailouts,Washington’s the Boss

By BOB DAVIS,Wall Street Journal

The New Central Planners

In 2008 and 2009,Washington strove to save the economy. In 2010,Americans will get a clearer picture of how Washington has changed the economy.

Only as the recession recedes will it become fully evident how permanently the [...]

Obama’s Wunderkind Falls on his Face

Floyd and Mary Beth Brown,Expose Obama

The Central planner is failing

“JP Morgan Chase,Wells Fargo,Fannie Mae and Freddie Mac all say they have increased foreclosure activity in recent weeks,” reported The Wall Street Journal on April 15,2009. Why now? These firms had all instituted moratoriums on foreclosures as [...]