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Where to go from here?: Uncertainty, Caution, and the New Financial Frontier

By       Message Constance Lavender     Permalink
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Can the markets rely on the same Washington and Wall Street crowd to rescue a system they largely helped create?

There is not even agreement on the underlying causes of the problem: is it the mortgage market? Or is it the derivatives business?Is it a housing bubble, or a derivatives bubble? That matters alot.

Some candidates can't even decide whether or not there is a problem, let alone its causes and solution.

Elections are times for thoughtful reflection, hearing ideas, comparing philosophies, and taking stock of the stakes: what's at stake here? Voting is the civic process of acting on thoughtful deliberation. Is it wise to act in the fury of the political season?

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The markets were up yesterday, who knows where they will be tomorrow. What the financial system needs is reform: deliberative, meanignful, thoughtful reform. What the markets do not need is just another thumb to stick into the dyke until another hole springs open.


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Constance Lavender is an HIV-Positive pseudonymous freelance e-journalist from a little isle off the coast of Jersey; New Jersey, that is...

In the Best spirit of Silence Dogood and Benj. Franklin, Ms. Lavender believes that a free (more...)

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