As the opening act of Obama’s fledgling presidency unfolded, the country — and the
world — kept a close eye on the 44th
president’s every important move.

After a litany of negative remarks from Obama about the economy and conditions inherited from the Bush administration, stocks tumble to a six-year low. Investors’ primary fear: The government will nationalize major U.S. banks. Former Arkansas Gov. Mike Huckabee, a Republican, tells Newsmax that Obama is wrong to talk down the economy, adding that the president’s performance is “cause for alarm.”