Obama to regulate the markets
It took Bush 8 years to fail to do this. It would have saved an awful lot of public purse squeezing, but then again that was the Bush objective. To bring about financial Armageddon.
Conversely, it has taken President Obama about 48 hours to start moving on regulations that Bush has ignored since September due to his “faith in the market”. The market has behaved pretty much as you would expect with the policies Bush championed.
I predict that if Obama can get his Democrat house to agree to this – that the recession start to be over and may just take one year instead of ten.
