Thursday, May 07, 2009

Are There Any Rules In The Bailout Game?

This is a cause for concern.  If the investors don't feel comfortable entering the market our recovery will be short lived:

Are There Any Rules In The Bailout Game? -
We are entering a precarious phase of the economic and financial crisis. On the one hand, there are encouraging, if weak, signs of an economic recovery. There is evidence of a revival in lending. Consumer confidence is improving quite a bit both in the U.S. and Europe.

But on the other hand, lots of things are not happening. Many investors are sitting on the sidelines, as is much money. Why? Because it is impossible to know what the rules of the game are. And that's because the administration and the Congress keep changing the rules in capricious ways in pursuit of larger political objectives.

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