Obama and his Monkey's Paw

There are many problems with how Obama has been handling the economic mess so far and they all have a common theme: well-meaning idea with unintended negative implications. Governmental interference in the economy is sort of a monkey's paw. You can make the change, but the unintended consequences can be disastrous!

When Obama uses his "monkey's paw" to bail out banks and borrowers, he is encouraging the very failures that he seeks to remedy. When Obama uses his "monkey's paw" to set carbon dioxide caps, he is driving industry and jobs off shore. When Obama uses his "monkey's paw" to get lending "flowing again" he is helping more un-creditworthy people to get into loans they will likely default on. When Obama uses his "monkey's paw" to prop up home values he is ensuring that people continue to stretch themselves to have a roof over their heads.

This "monkey's paw" effect is perhaps the result of a lack of wisdom and/or experience on Obama's part. Obama, and the people he chooses to take advice from, apparently do not fully understand the ramifications of the changes they are making.