February 23, 2009
Everyone is saying the government is not capable of stabilizing the natios financial system. I disagree. I say the government is capable, it just is not doing what needs to be done.
Two easy steps:
1. Repeal mark to market.
2. Ban short selling of financials until the up-tick rule can be reinstated.
As I said, itít not a matter of if the government can but rather if they government will.