Help Is On The Way!
President-elect Barack Obama stated Wednesday that “Help is on the way.” He also said that he would have an economic plan ready to go when he takes office on the 20th of January 2009. I sure hope so, because I’m a little tired of losing money in the markets all based on fair. I would be ok with losing money if I made a bad choice, but I not ok with losing money because of other people’s bad choices. He has also announced that former Federal Reserve Chairman Paul Volcker will head a new White House panel to help create jobs. I have no idea if Volcker will be able to bring stability to the financial system. I guess will just have to wait and see what he has up his sleeves. The thing that sucks is that we still have about 2 months to see these changes in full swing when we need these changes now. We do only have one President at a time, and we’ll have to deal with President Bush until then.
