SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JohnM who wrote (102785)2/2/2009 2:53:41 PM
From: Mary Cluney  Read Replies (1) of 542598
 
<<<Krugman is not happy with what he sees of the Obama administration's approach to dealing with bank losses.>>>

No matter what. This is going to be a hard sell. There is no way for me or the general public to understand the bailout package. My sense is that we are in a deep mess and we have to trust the Obama economic team to know what they are doing.

So far, however, I don't think they have done a good job communicating what they are doing. I just hope they are not relying on a honeymoon period to get this stimulus plan through Congress.

Whatever the merits of this bailout package, the stock market is not reacting favorably. Normally the market is ahead of the situation. When we have any evidence that the bailout is effective or promises to be effective the market is already there.

I don't think the market is political in any way. I am beginning to worry even more so now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News