Confidence will NOT increase until:
1) The fraudsters (both government officials and private entities) are held accountable. Not by a tongue lashing in Congress but by being behind bars.
2) Private financial institutions and the government let everybody look at their books and see the true amount of bad debt out there.
3) Toxic debt is valued at a price that WILL NOT be subject to change and guaranteed by the Federal Government. IE, a plan that does not change every time they call a press conference.
The markets nose dive every time Barack and Timmy open their mouths in front of cameras because the above does not happen. The people that hold the real capital are smart enough to know when they are being lied to.
PD
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