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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (447897)	1/15/2009 9:12:03 PM
From: Peter Dierks	Respond to of 1574856

Leadership and Panics TARP II and other reasons people are scared. Stocks took another header yesterday, nearly 3% on the Dow this time, continuing their decline in the New Year since Congress has returned and as the federal government once again revs up its bailout machinery. Maybe this isn't a coincidence. With Barack Obama about to take the oath of office, this ought to be a moment for fresh, more consistent economic leadership. Instead, we're getting a new version of the same ad hoc policy and scare-tactics that marked 2008. No clear spokesman or leader has emerged with a strategy to rebuild the financial system, and now Mr. Obama's term may begin without a Treasury Secretary (see here). This is no way to start a recovery -- or a Presidency. Consider Fed Chairman Ben Bernanke, who used a London speech on Tuesday to ... Message 25328354