Not at all. I expect business to have a freerer hand under a Republican administration than a democrat one.
However, the President has many tools at his disposal to address an issue. In this case the FTC hasn’t been anything business compliant.
The President could have ordered the Attorney General to investigate the sub-prime mess. Now he could order the same AG to investigate naked short sells and their effect on the economy.
It’s a very good thing to prosecute criminals even if they do contribute to a political campaign and wear three thousand dollars suits.
I hope you don’t posit that the President didn’t know about the naked shorts. I live in a burg in the middle of nowhere and I’ve known about naked short selling for years.
President Bush has been a dead hand on the rudder of the nation for years.
The President should have gotten off of his lazy ass years ago and realized Wall Street is a dagger at the heart of America.