State of the Union Speech: Where is the Change?

by Ron Forthofer Although many people have given high marks to President Obama for his State of the Union speech, I think he failed to offer much change from many of former President George W. Bush’s failed policies. The Wall Street Bailout Perhaps Obama’s most important lack of change was his continuing Bush’s treatment of the banks and Wall Street. The Obama administration retained Ben Bernanke, the Bush appointee as head of the Federal Reserve, brought in Tim Geithner as Secretary of the Treasury and Larry Summers as the lead economic advisor. Geithner and Summers both have strong ties to…