Chris Whalen critiques Obama stimulus speech
Chris Whalen is a well-respected banking sector analyst who often appears on CNBC and Bloomberg. Below he gives his view on Barack Obama’s stimulus package speech and the need for banking sector restructuring. Below that is a video of President Obama’s speech (he does a lot of thank yous before getting to the substance).
You should note that Obama delivered the speech from Denver, where Marshall Auerback lives, and the markets tanked. I see a connection.
About Edward Harrison
- Obama’s stimulus bill is a tough sell so far 7 Jan 2009
- Congress ready with second stimulus package 15 Sep 2008
- Is prophylactic protection needed for excessive stimulus? 9 Feb 2009
- Some tidbits about stimulus, recovery, and the Great Depression 10 Feb 2009
- A brief philosophical argument about the role of government, stimulus and recession 12 Dec 2008
« We are in depression
Switzerland threatened with bankruptcy »