Friday, February 06, 2009

Mark to Market is still in place?

Steve Forbes was just on Fox and Friends talking about the latest 598,000 jobs that were lost. Gretchen asked him what can be done to stop the economic hemorrhaging and he mentioned some targeted stimulus moves and dumping the mark to market rules. I was surprised because I thought that they were dumped back in October.

Apparently not.

This is preceded by the usual I am not an economist disclaimer, but I'm thinking maybe before cutting down every tree in America to print money for the piece o' crap stimulus bill currently winding it's way through congress we should try something that actually has a chance of working.

That's just me though.

No comments: