>>>>Maybe Atlas is about to shrug ...
>>>>
>>>>Atlas Shrugged a long time ago :)
>>>
>>>I think it's more accurate to say that Atlas is in the process of shrugging. A dramatic shift away from the tyranny of the intrusive nanny state and the crippling debt and regulatory burden that it imposes is required in the near term to prevent the full shoulder move. There are specific dates in the near term that Atlas is looking towards, particularly November 2, 2010 and January 1, 2011.
>>>
>>>btw : Is anyone paying attention to Hungary?
>>>http://www.bloomberg.com/apps/news?pid=20601087&sid=a_7KXkg.hkYU
>>>
>>>The Euro?
>>>http://money.cnn.com/2010/06/04/markets/dollar/
>>
>>If economic history is moving anywhere I hope it is in the direction of regulating financial markets more, not less. Do we need to learn the dangers of largely unregulated markets any more after the near fiasco two years ago? (One of the few comical notes in "Too Big To Fail" is the complete disgust, evidently warranted, the Wall Street guys had for SEC chairman Christopher Cox).
>>
>>The guy I gained respect for in that book is Henry Paulson. He had two strikes against him as a Bush appointee as Treasury Secretary and former chairman of Goldman Sachs. So the antichrist squared in my book. In fact the guy worked day and night through the crisis two years ago, urging, cajoling, taking the Treasury places it had never been before. He did many things that were not natural to him. In the end I firmly believe he and Tim Geithner, in particular, averted a far bigger catastrophe. A man who reacted boldly in the midst of a catastrophe for the good of the country. He will always be criticized for his actions at the time but I believe he absolutely put our best interests first. Salud. And a Republican, no less ;-:
>
>Data mining the net shows that there may be a financial crisis later this year. (or maybe not) so fix your horn.

I hope not. Geithner is still in the mix, which is good. He was heavily involved two years ago as head of the NY Fed and is now Paulson's successor as Secretary of the Treasury. He looks shy but isn't. His brief phone calls to key players in the crisis two years ago punctuate the book. Politics unknown. I tend to have faith in guys who rise to this level in their 40s.