Kevin Hassett implies in a stunning commentary on Bloomberg today that Obama has declared a war on business.President Johnson gave us the War on Poverty. Nixon started the War on Drugs. And, according to Hassett:Now that we have seen President Barack Obama’s first-year legislative agenda, we know what kind of a war he intends to wage.Namely: the War on Business.Hassett compares Obama to a “Manchurian Candidate” especially prepared to wage war on America’s business economy:What policies might that leader pursue?He might discourage private capital from entering the financial sector by instructing his Treasury secretary to repeatedly promise a brilliant rescue plan, but never actually have one. Private firms, spooked by the thought of what government might do, would shy away from transactions altogether. If the secretary were smooth and played rope-a-dope long enough, the whole financial sector would be gone before voters could demand action.Another diabolical...(Read Full Post)