Thursday, November 20, 2008

Thoughts on the Financial Crisis

The economy is a national security issue.

Giving financial institutions hundreds of billions while they fire tens of thousands of workers exceeds moral hazard.

2009 can still be a year of hope, betterment and change. We must not to create a self-fulfilling prophecy of decline.

Today the market closed forty-seven percent off it's all-time high reached a little over a year ago. How long will it take to reach it again?

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