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America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?
In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.
Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.
Everyone knows presidents have larger-than-life size egos. It goes with the job. But changes on the official White House website reveal that we've never had a self-regarding narcissist quite like the oval Office's current occupant.
