Journal: Cheery Waves Flags Washington’s Tangled Web Of Deception

03 Economy, Government

INVESTORS.COM

By ERNEST S. CHRISTIAN AND GARY A. ROBBINS

Posted 08/25/2009 06:06 PM ET

It’s not just that the wheels are coming off President Obama’s credibility; they’re also starting to come off the federal government in general.

Washington is no longer able to hide its failures behind the flag. Its mistakes are too obvious and too costly. Even ardent “my country, right or wrong” patriots are now distinguishing between America the nation, which we all rightly revere, and the political enterprise in Washington — which nearly everyone now distrusts.

The politicos in Washington have gone into business for themselves. And most folks — like newly price-conscious consumers — aren’t any longer buying the elixirs that Washington is peddling. They all cost too much, almost none of them work, and most have severe side effects.

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