bandaid here and there won't solve serious problems.
(2009-04-21 22:32:34)
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what worries me is that the gov and industries do not have any long term plan to solve root problems. what they have been doing is just bandaid here and there trying to re-inflate the bubble in exactly the same way which caused the bubble.
the president advisors and big policy makers are all from famed wall street which has serious conflict of interest and there thinking are highly correlated (they all think in similar way, read similar econonic books, get similar finance educations etc.). it does not have any fresh blood there.