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Old 10-14-2008
wind_magic wind_magic is offline
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Quote:
Originally Posted by sailingdog View Post
I think the greatest problem with the market ATM is the fact that there is no clear leadership figure. During the S&L crisis, Alan Greenspan provided a very clear direction and very strong leadership for the country to see. Today, we got no one who is clearly a leader and willing to make the decisions so that the people can see what the hades is going on and what is being done to prevent the whole financial system from collapsing. Even the $700B+ bailout was spoken of as something that they did not know the effects of passing it would be—positive, negative or otherwise. It is the blind and meek leading the confused and weak.
SD, you don't like Paulson, Bernanke, Pelosi, and Bush's financial leadership ?

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