4 p.m. update: Opinions

July 03, 2009 03:52 pm

— Columnist Michael Barone says, " One policy of the Obama administration that has understandably attracted little public attention is its proposal to make the Federal Reserve a "systemic risk regulator." It's a well-intentioned attempt to prevent the kind of financial crisis that struck the nation last year and ended an unprecedented period of 25 years of low-inflation economic growth. But it's nonetheless deeply misguided, and it's heartening that both Democratic and Republican members of Congress have voiced intelligent skepticism." Read more of his commentary in Saturday's Moultrie Observer.