Obama's Rhetoric Is the Real 'Catastrophe'
In 1932, automobile production shriveled by 90%. in one Wall Street Journal editorial.

Don't Believe the Stimulus Scaremongers
Americans are losing faith in the fairness and wisdom of economic policy in another WSJ editorial.

Decade at Bernie's
They discovered to their horror that their supposed wealth was a figment of someone else's imagination, a view of Paul Krugman.

Bond Advice Leaves Pain in Its Wake
The interest on municipal bonds is tax-exempt, which amounts to a federal subsidy of about $35 billion a year. The money is not supposed to serve as a source of work and fees for money managers according to this New York Times article.

Late Change in Course Hobbled Rollout of Geithner's Bank Plan
Just days before Treasury Secretary Timothy F. Geithner was scheduled to lay out his much-anticipated plan to deal with the toxic assets imperiling the financial system, he and his team made a sudden about-face as reported by the Washington Post.

President of Everything
Obama must set the parameters of a new presidential role that he did not seek but cannot avoid: managing the big chunks of the private-sector economy that are now more accurately described as semi-private at best says Eugene Robinson.

Bailed-Out Banks Charge Taxpayers Highest Fees in FDIC Sales
Citigroup Inc. and Bank of America Corp., recipients of $90 billion in bailout funds from American taxpayers, are charging financial companies three times more to sell bonds under a U.S.-backed rescue program than government- controlled Fannie Mae and Freddie Mac pay to issue notes with similar maturities in this Bloomberg article.