Gasparino: A New Economic Crisis Looms

Thursday, November 12, 2009 5:10 PM

By: Dan Weil


Gasparino, author of new Wall Street exposé "The Sellout," says that Obama's Wall Street supporters saw him as smart and less erratic than John McCain, but they didn’t expect socialized medicine, a $787 billion stimulus plan, and quick tax increases. (Newsmax Image)

CNBC commentator Charles Gasparino says another financial catastrophe is coming, thanks largely to President Obama’s flawed economic policy.

“A lot of people on Wall Street voted for him because they thought he was smart. They thought he was less erratic than John McCain,â€