Tuesday, January 22, 2008
Thar she blows!
Am I the only person who thinks that Bernanke just put lipstick on a pig today? That he's hoping for short term relief in order to give industry leaders time to find a reasonable way out of their problems (even though the reasonable way may have been to do nothing)? That, in order to provide that short term relief, he's prolonging the inevitable and making the pain felt by average citizens ultimately harder and sharper? That the weak dollar policy that has been pursued in recent years is coming back to bite us?