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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (26374)	1/21/2010 3:57:15 PM
From: No Mo Mo	Read Replies (1) \| Respond to of 71475

"It's stunning what a Republican victory in Mass. can do. Now we just watch. Maybe hopes for change were not in vain. -g- "The return of Mr Volcker also raises further doubts about the security of Mr Geithner’s position in the Obama administration. For months, in speeches, interviews and private meetings in Capitol Hill and in New York, Mr Volcker has made the case for a more far-reaching reform of the financial sector. Not, he says, a return to Glass-Steagall, the law dividing commercial from investment banks that was abolished in 1999, but a return to its “spirit”." Call me naive but it sickens me to think that the shift toward Volcker and fiscal/monetary prudence is nothing more than a political reaction. If easy money played with the masses, he'd have Summers out there with him talking about increased lending or more leverage for banks.