'An Economic Philosophy That Has Completely Failed'

``Obama's proposal and the accompanying OMB releases do not mention the word or the concept of fraud. Despite an "epidemic" of fraud led by the bank CEOs (which caused the greatest crisis of his life), Obama cannot bring itself to use the "f" word. The administration wants the banks' senior officers to fund its reelection campaign. I've never raised political contributions, but I'm certain that pointing out that a large number of senior bank officers were frauds would make fundraising from them awkward. ''