Obama's approval rating is at an astonishing low. As for myself, Obama has completely grown on me. He is moderate, classy, and does what he said he would do. Although this very moderation and class means he too easily loses fights when the opponent is ready to turn it into a mud-wrestling match.
I hope Obama's second year will see Obama slam his fist on the table a bit more often.


Quote Originally Posted by Obama
Barack Obama declared war on Wall Street last night as he unveiled a sweeping series of measures aimed at checking the behaviour of banks and clamping down on risky deals.
The proposals, regarded as the biggest regulatory crackdown on banks since the 1930s, would limit the size of institutions and bar them from the most cavalier trading practices. Mr Obama hopes that the move will reset his flagging presidency.

“We should no longer allow banks to stray too far from their central mission of serving their customers,” he said. “My resolve to reform the system is only strengthened when I see record profits at some of the very firms claiming that they cannot lend more to small business, cannot keep credit card rates low and cannot refund taxpayers for the bailout. If these folks want a fight, it’s a fight I’m ready to have. Never again will the American taxpayer be held hostage by a bank that is too big to fail.”

http://www.timesonline.co.uk/tol/new...cle6997741.ece



Ten-to-one in two months time we will see angry mobs in town halls screaming that Obama should leave the poor banks alone. No doubt holding signs saying 'Keep Washington out of the financial sector!!', replacing previous signs saying 'Keep your government hands off my medicare!!'.