Even if Sen. Barack Obama loses the presidential election — and of course he may — the playing field of our politics now has shifted seismically in his philosophical direction.
The era of cowboy capitalism has died, largely of self-inflicted wounds. Who knows what’s coming now? I do: A new era of tight business regulation and government intervention in the markets.
From Howards lips to His ears... Read the whole thing in Bailout ushers in the era of Obama.
1 comment:
Fineman is wrong.
Cowboy capitalism is not dead, but sleepeth.
In a few short years, we will have forgotten the lessons of these latter day robber barons, and the call will come to deregulate again.
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