U.S. Obama's Problem Now

Obama's first 100 days were cause for celebration, judging by much of the network news' coverage. But the events of last week mark a significant moment of transition: Now the president cannot blame his predecessor for the nation's economic woes, the Los Angeles Times reports. After passing a budget that forecasts a $1.2 trillion deficit in 2010, forcing Chrysler into bankruptcy, seeing his party likely win a filibuster-proof majority in the Senate, and getting his first chance to appoint a Supreme Court justice, it is Obama's presidency now. But the public is wary of a president who is a majority shareholder in major banks and automakers. Obama, for his part, appears to recognize this, saying at his latest press conference: "I don't want to run banks. I've got two wars I've got to run already. I've got more than enough to do."