From the Editor

The media baroness Arianna Huffington, ever a quick wit, has pointed out that Barack Obama’s nice-sounding phrase, the “Audacity of Hope,” has taken on a different spin during his presidency. Originally intended as a slogan of bravery – the courage to be optimistic in dark times – it now appears to signify the idea that hope alone is sufficient to effect social change. Yes, President Obama’s eloquent tenor is inspirational, and I have no doubt he’s well intentioned. But the hopefulness he brought to his office seems more insufficient by the week.

Huffington was writing about the taxpayer bailout of Wall Street gamblers, but she could have been addressing any number of …more

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