Friday, January 11, 2008 10:06:37 AM
like yesterday, he outlined all that the Fed has done and adds phrases while describing each item that state they were timely, more than sufficient, and basically on the mark while observing all components of the financial markets. He already sounds like Greenspan who in his book and his more recent comments on the economy that he helped create when he was chairman state that they also acted prudently and basically what the market determined.
I just saw that Royal Bank of Scotland commercial again - the quicksand one. Noticed at the end, the group leader congratulates all of the group while the haggard guy who was just pulled out of the quicksand is spitting out globs of the stuff still has his one arm upstretched and strung up over his head from the rope over the tree that pulled him out.
The leader then cheerfully asks "Who would like to offer a vote a thanks?"
And he looks to the guy with his hand strung up in the air, "Ah, Donovich! Well done!".
Just like the Fed!
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