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September 16, 2008

Applying Obamanomics to the financial crisis would be a disaster

Topics: Political News and commentaries

As David Frum points out, the press and the Democrats will want to present the crisis as a crisis of regulation v. deregulation. But in fact, Fannie and Freddie represent exactly the kind of disastrous "public-private partnership" that Barack Obama has long advocated. - and if you think things are bad now, just wait till he gets to do for all of America what he did to Chicago.

Posted by Richard at September 16, 2008 12:47 AM



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