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President Barack Obama loves to be compared to Abraham Lincoln and Franklin Roosevelt. Abraham Lincoln he definitely is not, but the FDR analogy is apt. In her superb book about the Great Depression, "The Forgotten Man," Amity Schlaes describes the almost schizophrenic way in which our 32nd president governed the nation for the first eight of his 12 long years in office. ...more
February 10, 2010
Last September, after meeting with Federal Reserve Board Chairman Ben Bernacke and Treasury Secretary Henry Paulson concerning the "need" for the $700 billion bailout, President Bush reportedly remarked to a White House aide, "I am not going to be another Herbert Hoover." ...more
January 21, 2009
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