We shouldn't say the Obama administration will, for sure, carry out such notions. Its members, some of them, might have better sense! Yet there is little in the Obama portfolio to suggest affection for private, as markedly distinguished from public, economic initiatives.
Yes, yes, yes! Agreed! Particular Wall Streeters have proved themselves at least as dumb and shortsighted as the nosiest regulator. Yet many of these merely responded to government initiatives such as the push for universal home ownership financed by interest rates held too low for too long by, yes, federal policy.
Successful economic policy for the long haul is biased in the direction of freedom and opportunity-seeking: commodities you want more of, not less.
I grant it's early for pulling long faces over the expected humbling in a few weeks of those politicians generally wedded to freedom and opportunity-seeking. I have to encourage them all the same to get ready. Things don't get look good, and perhaps shouldn't, for the party that ran Washington for most of the last eight years. There are tides in the affairs of men that wash out to sea those perceived, fairly or not, as complicit in failure.
I hope that's not what I see right now -- a tide forming up for Democrats as well as Republicans who consistently, and honorably, come down on the side of freedom as a basic ingredient for economic success. I hope, nevertheless, they know how to swim.