Blog Post of the Day.....'Obama has Lost his Mojo'

The hours and the days speed by. It is almost five months since President Obama was sworn in. A million people gathered in Washington on a bitterly cold day to hear him and to leave behind a mountain of trash.

Granted that in the weeks leading up to the inauguration, first the White House and then the Congress panicked in the face of what looked like a total Wall Street meltdown. A frantic effort was made to secure a blank check for billions to purchase the “toxic” paper, the bundled mortgages that turned out to have no identifiable assets.

Major banks, investment houses, and a huge, international insurance company tottered on the brink of failure. Some did. Some were merged.

Americans, even the most unsophisticated, understood that such an implosion threatened the financial bedrock of the nation, continue reading