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"After curbing enthusiasm, Obama must ease anxiety" is the headline in today's WSJ article by Gerald F. Seib. This appeared in Capital Journal, "Capital Journal is WSJ.com’s unique site for analysis of the political and policy maneuvering in Washington in the era of Barack Obama. It features the Capital Journal columns and occasional other postings by executive Washington editor Gerald F. Seib, and will house Political Wisdom, the Journal's daily aggregation of the smartest political analysis from around the Internet. . ." What an Obama patsy. This corny mush couldn't keep a starving baby chick alive. God help us. He says the execessive enthusiasm (i.e. the bizarre hope ginned up by the candidate to win votes), needed some cold water.

If the goal was to head off irrational exuberance, it worked. More than half the country now says it expects the recession to last as long as three years. Link.

Not me. I expect Obama to exceed FDR's record and give us at least 12 years of bashing and destroying capitalism, high unemployment, and an even higher misery index. Then it will be up to whoever owns our debt, probably China, to decide what to do with us.