WASHINGTON – The Obama Administration began at midnight Sunday.
Okay, I exaggerate.
But I am trying to make a point.
Which is this: Even if Sen. Barack Obama loses the presidential election — and of course he may — the playing field of our politics now has shifted seismically in his philosophical direction.
The era of cowboy capitalism has died, largely of self-inflicted wounds. Who knows what’s coming now? I do: A new era of tight business regulation and government intervention in the markets.
For now, and perhaps for many years, there will be no going back.