Comments on: News Roundup 3-12-09 http://quantumconservative.com/2009/03/12/news-roundup-3-12-09/ Wed, 08 Sep 2010 15:56:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: The REAL Michael Moore http://quantumconservative.com/2009/03/12/news-roundup-3-12-09/comment-page-1/#comment-2458 The REAL Michael Moore Fri, 13 Mar 2009 06:32:13 +0000 http://quantumconservative.com/?p=963#comment-2458 Ironically, if we start experiencing recovery before 2010, than Obama's stimulus bill would have had very little to do with it, since most of the infrastructure spending occurs in Q3 and Q4 into 2010. I would consider the stimulus a success if we have a mild recession for the rest of the year followed by a robust recovery in 2010-2011. If the recession deepens until 2011 or so, than the stimulus can only be viewed as an abject failure. I'm glad congress finally came to their senses regarding mark-to-market. Require banks to disclose the value to investors but don't <b>count it for regulatory purposes. </b> While we're at it, lower the capital reserve requirements until around 2013 or something to loosen up credit markets. Ironically, if we start experiencing recovery before 2010, than Obama’s stimulus bill would have had very little to do with it, since most of the infrastructure spending occurs in Q3 and Q4 into 2010.

I would consider the stimulus a success if we have a mild recession for the rest of the year followed by a robust recovery in 2010-2011. If the recession deepens until 2011 or so, than the stimulus can only be viewed as an abject failure.

I’m glad congress finally came to their senses regarding mark-to-market. Require banks to disclose the value to investors but don’t count it for regulatory purposes. While we’re at it, lower the capital reserve requirements until around 2013 or something to loosen up credit markets.

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