Here's the recognition of the current situation, and what O must now do (John Thune in Wall Street Journal):
"Our financial markets are no longer in free fall and the crisis has receded. Yet we now find ourselves in a troubling situation where the federal government is a major owner of more than 600 U.S. financial institutions and banks, as well as two auto makers, an international insurance conglomerate, and numerous other businesses.
"President Obama has become the de facto CEO of large chunks of our economy, with the power to hire and fire executives, dictate salaries, declare what products should be made, and decide winners and losers in the marketplace. The inherent conflicts of interest are enormous and should be a concern to all Americans.
"It is time to bring an end to the TARP emergency measures and come up with an exit strategy to get government out of the business of running businesses. The administration owes the American people a timeline for how it will do this..."
http://online.wsj.com/article/SB10001424052748704471504574447122027550500.html
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