“We’re not proud of all the mistakes that were made by many different people, different parties, failures of our regulatory system, failures of market discipline that got us here. We will mitigate the impact on the real economy and we’ll get this financial system working again.”
First they’ll have to mitigate greed, self-interest, and the quest for personal gain on the part of the ‘me-firsters’ in that quarter. From the way the market behaves lately, it’s back to business as usual despite the alleged lack of confidence in the long term. The pirahnas are taking quick bites on the profit side. The myth that Obama will make a difference is re-enforced by the pork it took to get the 700 billion dollar barrel over the falls. Though Presidents propose…Congress’ dispose. We yet but turn another page.