Four years on, with the economy slowly recovering and no prospect of re-election, the president clearly feels comfortable enough to put a trusted confidant and adviser in the job, rather than a Wall Street grandee or business leader.
The second reason why Paul has become the party's most effective messenger is that everyone across the entire ideological spectrum -- from John McCain, Rubio and The Wall Street Journal to Majority Leader Harry Reid and Attorney General Eric Holder -- is responding to him.
It's a smart move, one that gives HP its best chance yet of convincing Wall Street that the longtime industry leader is as valuable as competitors like Dell Computer.
He was viewed as the only adult on Wall Street, a potential Treasury Secretary, the undisputed leader and voice of the U.S. financial system.
It would be a shame if House Republicans, led by the Majority Leader, at the urging of Wall Street interests and other inside-the-Beltway forces, watered down the tough but common-sense measures supported by Republicans and Democrats alike.
This week, the LDP leader, Sadakazu Tanigaki, told the Wall Street Journal that the party may not continue to co-operate with Mr Noda over the consumption tax (the bill has yet to clear the upper house).
ECONOMIST: An unusual militancy is creeping into mainstream politics
If the Japanese leader fails, the consequences eventually will be felt on Wall Street, and they will be severe.
In recent days, several other House Republicans have said privately that the Wall Street Journal editorial was a turning point in their thinking about their majority leader.
In the southern port city of Karachi, paramilitary forces arrested a militant leader who was involved in the kidnapping and murder of Wall Street Journal reporter Daniel Pearl in 2002, said two paramilitary officials, speaking on condition of anonymity because they were not authorized to talk to the media.
He's been a leader in that and there's been some reaction on Wall Street -- some stocks have gone up and some have gone down.
Tonight, in an effort to distract from this reality, the Leader of the Republican party took to the opinion pages of the Wall Street Journal to engage in an amazing act of revisionist history.
According to the Wall Street Journal, one of Alamoudi's lawyers is Stanley Cohen, who also represents a leader of Hamas and who once said he would consider defending Osama bin Laden.
The Alamoudi mystery deepened on June 10, when the New York Times and the Wall Street Journal reported that he had told authorities he was part of an alleged plot by Libyan leader Moammar Gadhafi to assassinate Crown Prince Abdullah, the Saudi leader.
CENTERFORSECURITYPOLICY: Islamist penetration of Homeland Security?
In January 2002 Wall Street Journal reporter Daniel Pearl was kidnapped and later beheaded while attempting to attend an interview with Jamaat ul-Fuqra leader Sheikh Mubarak Gilani.
CENTERFORSECURITYPOLICY: 'Homegrown Jihad' premieres Wednesday in Washington
In an interview with The Wall Street Journal, the Syrian officer who was in charge of Yarubiyah border crossing said a man identifying himself as a leader of one faction in the Islamist rebel coalition called him on March 1 demanding he and his men surrender.
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