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


To: i-node who wrote (478115)5/5/2009 8:23:20 PM
From: Road Walker  Read Replies (2) | Respond to of 1576866
 
There is nothing else you CAN do. If collateral values drop, the problem persists. If not, it won't be a problem.

Naive. The adults are in charge. They are trying, desperately, to glide this thing to a soft landing. So far so good, they have saved us from calamity.

We are approaching a hard part (like I said probably this fall), to start cutting the supports without killing the recovery. It's art not science. They have managed this crisis like a glider pilot in a hurricane... soon they will have to land the glider.

It will be interesting. Hopefully nothing critical happens in the world in the meantime. A geopolitical crisis and we're screwed.

I have confidence in these guys, as do most Americans, but it's a hell of a sensitive dance.

God bless Obama.