Today is the first part in a series on Czars. This is a hot topic in the media right now, because in a little less than six months as President, Barrack Obama has hand selected over thirty “czars.” Which will rule over various issues, including the private sector. So what is really going...

Nouriel Roubini, a/k/a “Dr. Doom,” is giving the Obama administration’s new plan to buy toxic assets the thumbs up. That may be surprising given how critical Mr. Roubini, the bearish economics professor at New York University, has been in the past regarding various government plans to...