Pocketbook politics

So now we have entered — or will, come January — the era of “bipartisanship,” the era of “transforming America,” the era of “change.” We’ll believe what Barack Obama and the new administration claims it seeks when Mr. Obama’s new attorney general frog-marches Barney Frank, Chris Dodd, Nancy Pelosi, Harry Reid and Henry Waxman — chief architects and enablers of the subprime mortgage...