Attention Span

Fast Money in DC. Notice what they notice, to know who they are, how they pretend over things.

The Bush Administration put into place penalties that won’t kick in until five years from now. This is little encouragement for immediate action from the banks, yet not a peep, though it is a direct reason for the continuing market inaction.

We want the market to work…

On comes the future administration. Not good enough that they say they cannot say since they are not able to enact. Why not ask them what they intend to do with the Fourth Armored over the next couple of months? Or perhaps that is too opaque? Instead you opine that you too love puppies and hate recession and layoffs.

Then what are you doing over the next seventy five days? It certainly would be fair to strike back at me, since your statement is a variation of one that I’ve used at several firms about prospective employees’ responses during their interview. It would be fair, but late, perhaps even lifted.

Now for the puppies on the net. The current administration has set up a motive to delay action by the banks for up to five years. That means through the next (Obama) administration, thereby making possible an ouster at the next election. Further, the Fourth Armored can not be sent by Obama into action without it being part of a coups! What makes you think he can enforce executive orders over the Treasury or SEC or whatever now, without that also being a coups? Of course I am all for a Molotov cocktail, just not on an empty stomach.