Tuesday, March 24, 2009

The Plan


What was different this time? Having poured thru all the major newspapers this mornin I still cannot figure out what was "news".
Pumping more money? Buyin out the toxic-assets? Or... Oh yeah, bringin in the private investors !!

Hmmm, I understand Obama loves this guy, and let's be honest, just 2mths into office he aint gonna make us feel otherwise... I dont see this comin for sure, "wait a minute, a mistake's been made, oops the wrong guy's been chosen for the TS position". BUT the communication needs to be improved.

Perhaps a good start wld be by explainin to the mkts how these assets they are embarkin on buyin will be valued; and who are these private investors they speak about.
Yeah, that cld be a good start to somewhere. But still, bravo for havin moved the mkts anyway! Just shows how desperate we are, everybody's thinkin, "perhaps it's different this time"!

Maybe it is! After the many months of agony, everybody's got their fingers and toes crossed, let's see if Geithner's able to pull the rabbit outta the hat, hold ya breath!!! On second thoughts, I suggest otherwise, as it'll be a long while.