President-elect Barack Obama is faced with the daunting challenge of fulfilling his campaign promises – promises he actually made, along with those that voters think he made.  Unfortunately, the latter category predominates.

The $800 billion bailout, and billions more being pumped less obviously into the global economy, will cure nothing. Americans are clamoring for a savior. No one is willing to believe that the party is over. In the past, someone always came to our rescue.