CHARLES KRAUTHAMMER: Don't underestimate Barack Obama
"...there is a major financial overhaul, which passed Congress on Thursday. Economists argue whether it will prevent meltdowns and bailouts as promised. But there is no argument that it will give the government unprecedented power in the financial marketplace."
"Its 2,300 pages will create at least 243 new regulations that will affect not only, as many assume, the big banks, but just about everyone, including, as noted in one summary, "storefront check cashiers, city governments, small manufacturers, homebuyers and credit bureaus.""
7/15/2010 12:00 AM
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