What seems significant to me is a couple of related things:
- Mr Obama's promise of change seems to have fallen from getting rid of new jerk corruption to downplaying it. The fervent talk of regulation and enforcement has all but disappeared. More vapor monies are being given to the un-indited crooks of new jerk with promises of more and more to come. Regulation? SEC enforcement? CFTC enforcement? Just typical campaign promises.
- The world is now closely watching the US markets. They look for both leadership and signs of change. If one looks at today’s pm charts and reflects on the GATA message now gaining credibility around the world, it is absolutely obvious that new jerk owns dc. Politicians are owned puppets with no integrity, no commitment to serve, and no shame. The only change is the words.
The more things change .......