I am soo disappointed – Part II!

As I wrote in an earlier entry (I am soo disappointed, Dec 11 2007) I am disappointed with Hank Paulson and his reaction to the credit crisis. I ended the entry crying out “Let the crisis work its way through the system! Now, the other day, Bush called on Wall Street to do all necessary write-downs now and not drag on hiding/postponing losses indefinitely. I just say good on you President Bush! There is still some hope out there for libertarians such as myself (and as a result for the rest of you, of course). Of course, 2008 is, unfortunately, an election year and that might be the reason for the market fiddling by messieurs Paulson and Bush. As always, things are not always what they seem to be...