Last year, Cash for Clunkers was hailed as a success by President Obama:
In his radio address on Thursday, President Obama said the program, designed to stimulate auto sales and production and get gas guzzlers off the road, had “been successful beyond anybody’s imagination. And we’re now slightly victims of success because the [...]
The Calafia Beach Pundit, Scott Grannis, is on a roll:
We’re not witnessing a bond bubble in the making, we’re living in a statist nightmare.
The future, however, is not written in stone, and there is little reason—in my view—to expect that the current state of affairs is going to go on forever. But you [...]
The Obama administration’s mortgage modification program run through Fannie Mae and Freddie Mac hasn’t accomplished much for homeowners:
Obama originally promised that the program would spend $75 billion and save the homes of 3 million to 4 million families. But last month the administration reported that it had enrolled just 1.24 million homeowners [...]
Considering the consensus view that the Democrats are due to lose a bunch of seats in the mid-term elections you’d think the Obama administration would be trying to do something - hell, anything - that the public supports. Alas, no (via Bloomberg):
Most Americans oppose President Barack Obama’s ban on deepwater oil drilling in response [...]
