I swear, sometimes I feel sorry for the President. I know it sounds strange. But I do. Check out his op-ed:
For two centuries, America’s free market has not only been the source of dazzling ideas and path-breaking products, it has also been the greatest force for prosperity the world has ever known. That vibrant entrepreneurialism is the key to our continued global leadership and the success of our people.
But throughout our history, one of the reasons the free market has worked is that we have sought the proper balance. We have preserved freedom of commerce while applying those rules and regulations necessary to protect the public against threats to our health and safety and to safeguard people and businesses from abuse.
From child labor laws to the Clean Air Act to our most recent strictures against hidden fees and penalties by credit card companies, we have, from time to time, embraced common sense rules of the road that strengthen our country without unduly interfering with the pursuit of progress and the growth of our economy.
Sometimes, those rules have gotten out of balance, placing unreasonable burdens on business—burdens that have stifled innovation and have had a chilling effect on growth and jobs. At other times, we have failed to meet our basic responsibility to protect the public interest, leading to disastrous consequences. Such was the case in the run-up to the financial crisis from which we are still recovering. There, a lack of proper oversight and transparency nearly led to the collapse of the financial markets and a full-scale Depression — Read the rest @ Barack Obama: Toward a 21st-Century Regulatory System – WSJ.com
The reason I feel sorry for the President is this; from what I have read, on both sides of the political fence —- both side hate this, for some reason. The right says that the President says that Obama is just consolidating regulation, the left says that Obama is moving to the right. I mean, good grief people — can not the man just get credit for doing something right?
If you want a sampling of both sides, check out these links and the round up at Memeorandum.com. Check out the reactions: Political Punch, The Note, The Atlantic Online, Center for Progressive Reform, The Huffington Post, Fox Nation, AOL News, PointOfLaw Forum, The Daily Caller, Comments from Left Field, Bloomberg, No More Mister Nice Blog, Michelle Malkin, JustOneMinute, Salon, Economist’s View, Patterico’s Pontifications, The Awl, CNN, Weasel Zippers, Conservatives4Palin, Questions and Observations, Betsy’s Page, White House.gov Blog, ThinkProgress, CNSNews, Pajamas Media, Clusterstock, The Enterprise Blog, Liberty Pundits Blog, The Volokh Conspiracy, The Maddow Blog, Climate Progress, The Hill, Corrente, Cheat Sheet, Shakesville and Economix
Again, I hate to be the one in the crowd to tell both sides, but I will — In November of 2008, the American people, in record numbers, elected a man to be different than George W. Bush. Millions of people cast thier hopes and dreams on one man. Now he might not be the perfect person that many on the far left assumed that he was; but the man is doing the very best that he can. What people have to realize is this, the President is the President of the United States of America, not the President of the Democratic Party. President Barack Obama represents all of us; Not just a select few.
I think that everyone; right, center, left and even middle of the road — ought to just take a step back, breathe a little and let the President do his job. The President might not do exactly what everyone wants him to do. But he will do what he was elected to do and that is Govern this Country fairly and according to the precepts set forth by the Constitution. Forget the hype and stupidity that is being promoted on the Fox News Channel and on the Neo-Con Blogs and some of the even more sillier nonsense on MSNBC and the left wing Blogs. President Barack Obama only has as much power, as the Constitution allows him to have.
Further more, I find it ironic, that very same people that worked to elect Barack Obama President and bring change of any sort to this Country are now the one’s bitching and griping because President Barack Obama is not catering to the special interests of everyone in the beltway and beyond.