Obviously, Barack Obama was right in criticizing Mitt Romney's stewardship of Bain Capital. How else to evaluate the business experience that Romney has made a central tenet of his campaign? More »Do the Bain Hustle
How did we end up with such smart scoundrels? Even after it was known that Jamie Dimon's bank blew more than $2 billion on the same suspect derivatives trading that has bankrupted the world's economy, Barack Obama still had praise for the intellect of his political backer and the integrity of the bank he heads: "JPMorgan is one of the best-managed banks there is," the president told the hosts of ABC's "The View" in an interview televised Tuesday, adding, "Jamie Dimon, the head of it, is one of the smartest bankers we got. ... More »Obama Can't Knock the Hustle
Once again, President Barack Obama has come tantalizingly close to being terrific. But his failure of courage on the gay marriage issue, in the end, undermined the point he hoped to make Wednesday. As with his prior rhetorical flashes of principle in denouncing torture, commiserating with the victims of Wall Street fraud and resolving to end unjustifiable wars, he quickly waffled and the result was a continuation of that which is fundamentally wrong. More »Hope and Hesitation in Obama's Sudden Conversion
Does anyone care that the economy is floundering and that we are not getting out of this crisis anytime soon? Housing values are in the cellar, the Fed foresees unemployment remaining unacceptably high for the next three years, and national economic growth is predicted to be, at best, anemic. More »Halfway Through the Lost Decade
How evil is this? At a time when two-thirds of U.S. homeowners are drowning in mortgage debt and the American dream has crashed for tens of millions more, Sanford Weill, the banker most responsible for the nation's economic collapse, has been elected to the American Academy of Arts & Sciences. More »For He's a Jolly Good Scoundrel