UPDATE - Global stock markets continue to bounce around as investors seek clarity from the confused establishment. Mr. Giethner's recent speech about "a plan without a plan" weighed down on investor sentiment and caused heavy selling on Wall Street. It seems as though Mr. Obama's administration has indeed brought about "change" but could it be change for the worse? So far, the new government has done nothing except promise that they are going to borrow and print trillions of additional dollars! What a great idea! Remember, that the ongoing credit contraction was caused by excess credit, over-leverage and ridiculous consumption in the first place and now the "cures" being offered are more debt, bigger deficits and even more consumption. Never underestimate the genius of politicians! | 
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