It seems that the popular press has started to get the story right about why President Obama and Paul Volcker are good for hedge funds. Take a look at this post on a WSJ blog this morning. Sound familiar? The truth is the President and Washington have so much on their plates these days that hedge funds are the least of their problems. The bashing of Wall Street is starting to wear thin as people realize that more government intervention means less opportunity for our children. People don’t want to live in a world that does not give them an opportunity to provide a better world for their children. The President and Washington need to start focusing on getting the country working again and going after hedge funds and Wall Street is not the answer.
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