[dropcap]I[/dropcap]n my last article, I identified what I consider to be Barack Obama’s three greatest achievements as President of the United States. In this article, I will spell out what I view as his three worst failures. You can of course make your own list, and if I had space in this column, the list would be longer.

His first and biggest failure is that he did not prosecute the rich thieves who created the subprime mortgage meltdown of 2008. As many of you will recall, investment ba...