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Of all the coverage of last night’s State of the Union address, the video below stands out.
Now, I’m sure Matthews will have a defence for this piece of analysis i.e. “he was so good that all the talk about Obama and race slipped my mind for that brief moment while he spoke.”  But, of course, [...]

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As I indicated in my post Grading Obama’s economic policy after one year, I see the President as a triangulating center-left politician of the Bill Clinton variety. The reason we have seen public policy which has been favorable to big business and reactive to events on the ground during this economic downturn owes much to [...]

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Hat tip Prieur du Plessis

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20 Jan 2010 editorial cartoon – Nick Anderson, Comics.com

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Earlier in the week, I wrote a post-mortem on the Massachusetts Senate race won by Scott Brown. I saw the results as a signal that Americans are worn out by fraud and corruption. I found one comment from a registered Democrat particularly instructive regarding the mood of the electorate and am publishing the heart of [...]

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My favorite economic entertainer is back with his usual over-the-top semi-apocalyptic comments about government officials, the U.S. and more.  Here are a few choice quotes from Dr. Doom followed by the full videos of his session on Squawk Box on CNBC Europe below.
On Obama
I don’t have a very high opinion of Mr. Obama. I was [...]

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Obama and the War on Wall Street
Yesterday’s announcement on bank regulation by President Obama is a key turning point in his Presidency.  It means a whole new world of uncertainty for banks and bank stocks and could be just the beginning of a broad-based crack down on Wall Street – and that is bearish for [...]

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That’s the gist of yesterday’s post by James Pethoukoukis.  The column says:
A historic victory, really. It is hard to overstate just how “blue” a state Massachusetts is. Obama won it by 26 percentage points in 2008. Until now the state’s 10 U.S House members, two U.S. senators and all statewide officers were Democrats. The state [...]

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I just put this in the links but it deserves a post of its own!

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Today President Obama is set to propose wide-ranging moves on bank regulation first proposed by his economic advisor Paul Volcker, the former Federal Reserve Chairman. Details of the proposal have yet to be released. However, the focus is expected to center on strict bank size limits and a limitation on proprietary trading at regulated banks [...]

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The Democratic defeat in yesterday’s Massachusetts Senate race puts a punctuation mark on the grinding erosion of support for the Obama Administration and its economic policy in a tough first year. Clearly voters were sending the Administration a message that America is on the wrong course with Obama’s poll numbers slipping below 50% by December [...]