> RoMunn wrote: > > Good news for investors, the government "toxic asset" plan seems to be > getting a warm reception from the banks. If it works, Obama and Geithner > will deserve a lot of credit for it. >
Oh man, I REALLY hope this is one of 2 things: 1.) A sneaky prelude to nationalization, or 2.) The ONLY option given a cogent unbiased option analysis. Cause it seems like a big gift to bankers, the feckers that got us into this. BUT ... If I end the editorial, here's what I find interesting: Obama's stated plan is 'stabilize and regulate'. Those are 2 very interesting sequenced things when you think of what it's not. For example, the left wants 'restructure and stabilize' and Wall Street wants 'capitalize'. So in that sense he's selected the least radical change for 'stabilize' which, generally, is the right approach when you're trying to stabilize. So the interesting part - if this isn't a bait-n-switch for nationalization - is the 2nd half: 'regulate'. The left, in other words, still might get its 'restructure' only it'll be called 'regulate'. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:292591 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
