Economics

"If Obama hates Bush's policies, hopefully he will cut government."

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Columnist Ron Hart:

Is there better irony than an imprudent Washington "investing" about a trillion dollars of debt funded tax money into the banking system and telling them how to run a business?

The same federal government confiscated the Mustang Ranch bordello in Nevada in the 90s and then promptly ran it into bankruptcy. If the feds cannot make a profit in a monopoly business of selling sex and booze, my guess is the complexities of banking will totally perplex them—especially when they have to follow the convoluted regulations they themselves impose.

If Congress imposes economic sanctions on Iran as harshly as they have on businesses in the USA, we should crush them with no military force required.

Hart notes wryly, "if Obama hates Bush's policies, hopefully he will cut government."

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