Quote:
Originally Posted by SteveZ
K, you made a highly astute comment...
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First, the statement you credited me with really wasn't mine. It was in a reply that I received from an old banking buddy of mine with whom I shared the question from this thread.
I'm getting what I intended in starting this thread...some thoughtful viewpoints from a few people. I intended the thread to be a non-political examination of the situation, the causes and the possible solutions. For the most part, that's how people responded and that's the way the dialog progressed. I think that's great.
Without any attempt to introduce politics into this thread, I suppose it needs to be noted at least that whatever economic solution is enacted by Congress, there's no doubt that there will be a political component or motivations that will underly their decisions. Further, I suppose that the SIG's you refer to will have some influence. There are simply too many of them represented on K Street to expect that not to happen.
I only hope that whatever happens remains close to the economic theory that holds the greatest chance of success--even if that means doing nothing. But I'm not holding my breath.