Obama has again bent to the economic philosophy that rewards the casino gamblers on Wall Street and leaves the majority of the country standing outside the casino with a tin cup -- hoping that the gamblers are at least big tippers.
Recent turmoil in Europe has given rise to the idea that the euro itself might be reversible and that one or more countries might revert to national currencies. The biggest euro-skeptics are not the perfidious English, but the Germans themselves.
Rather than performing its duty under the Constitution to regulate foreign commerce and enforce our trade laws, Washington puts on an act of creating jobs with stimulation for small business and refuses to get in the trade war.
The question for America now is what will it take to restore healthy growth, if it's not going to be trade? The answer is and always has been simple. A large vibrant middle class that grows from the bottom up.
Despite the tireless efforts of the nation's editorialists, the American people don't believe in free trade agreements, and their failure to take instruction on this point is greater among Republican voters and independents.
The "Tea Party" will face many tests when the new Congress convenes next year. Everyone is asking, how long will it take before the Tea Party officeholders are co-opted by the big money insiders? "Free Trade" is one of those tests.
Everyone needs to be much more realistic about the potential associated with "going green", starting with observing that America's current green economy identifies only 750,000 green jobs in the country today.