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Via the Chicago Sun-Times:

“President Barack Obama on Tuesday embraced a new approach to education that would reward good teachers, remove limits on charter schools and lengthen both the school day and the school year.”

I applaud the President’s strong stance in reforming a failing education system. However, I question what rights the federal government – let alone the Executive branch – is given by the Constitution to meddle in state’s affairs.

And for those of you who wonder – I feel the same way about No Child Left Behind, too.

…so says Peter Orszag, Obama’s Budget Director.

According to CNN’s interview, Orszag claims that “the White House had little choice but to support the $410 billion omnibus spending bill which it inherited from the previous administration.”

That sounds an awful lot like an easy cop out to hard promises made on the campaign trail: “ …we can no longer accept an earmarks process in which many of the projects being funded fail to address the real needs of our country.”

…I’m talking about investors on Wall Street. After Secretary of the Treasury, Tim Geitner, failed to detail his bank recovery plan last weak (causing markets to fall on the following trading day) he had set the bar pretty low for Barack. From the story below, we can see that Barack is not one to back down from a challenge…

Via Reuters:

“U.S. stocks fell on Wednesday on disappointment U.S. President Barack Obama provided few new clues about how his administration would shore up the economy in a major speech before Congress. Late on Tuesday Obama sought to reassure the country it would emerge stronger from the crisis but investors found little in his speech that could help the market hold onto its attempted rebound on Tuesday from 12-year lows. The Dow Jones industrial average .DJI fell 38.95 points, or 0.53 percent, to 7,311.99. The Standard & Poor’s 500 Index .SPX was off 5.01 points, or 0.65 percent, to 768.13. The Nasdaq Composite Index, IXIC was down 14.73 points, or 1.02 percent, at 1,427.10″