Tuesday, February 10, 2009

All or nothing

Obviously, President Barack Obama didn't read the book I sent him: The Creature from Jekyll Island - or didn't had time yet :-)

OK, I was thinking about this stimulus package plan. Obviously, the least the government do, the best it is. But since they already did a lot, if they don't go ahead with their plan, when we go into disaster later in 2009, they will assume it was because there wasn't a stimulus plan.
If the stimulus plan is moderate, they will assume it wasn't enough.
So, this leads me to conclude that the best scenario is actually if they create a monstrous stimulus plan so big that for centuries, no one could claim they hadn't done enough (isn't what they say about FDR and the great depression - not enough?)
It will be a bigger disaster but if they realize they have to stop this printing press ASAP then we have a good ending to this awful story.
Note that, a big plan might lead to a revolution or something equivalent (We might be heading for that no matter what). But such revolution might bring the end to the Central Bank and the fractional reserve banking.

What did President Obama meant by "Change we can believe in?" What was the Change he was talking about? Perhaps the change that is coming that he didn't foresee but helping realize.

-Phil