Friday, May 16, 2008




"Although we are still working through housing and capital markets issues, and expect to be doing so for some time, we also expect to see a faster pace of economic growth before the end of the year," he said. Paulson said that both the ability to obtain loans and investor confidence are gradually improving, raising hopes that the financial market crisis which hit last August was beginning to recede. "We are seeing signs of progress as capital markets and credit markets stabilize," Paulson said. "The markets are considerably calmer now than they were in March."

... i guess the higher they get in the food scale ...
... and the lower their contact with reality is ...
... assuming good faith ...

... who is going to give consolidation loans ? ...
... and who is going to give a job ? ...
... to all this people with defaults ? ...
... the federal government, directly ? ...

... seems to me the calm that precedes the storm ...


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# posted by intcoex : 4:47 PM




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