The Bush Hangover

September 24, 2012 · Peter J. Wallison, Magazine, George W. Bush

Despite—or because of?—continuing bad economic news, President Obama has doubled down on the argument that Mitt Romney and the Republicans will take the country back to “the failed policies that got us into this mess.” His argument is simple: While his policies haven’t (yet) worked, Romney’s (like…

Obamacare for the Financial Industry

April 9, 2012 · Peter J. Wallison, Magazine

All the Republican presidential candidates have called for repeal of the Dodd-Frank Act. Foreign governments are sending delegations to Washington to complain about the act’s Volcker Rule. Eighteen months after the legislation was signed into law, the president had to make a clearly…