Tuesday, January 13, 2009
Barry Needs Us
13 Jan 09
RE: Administrative Priorities
Treasury Bond integrity. There is no greater concern nor any greater opportunity.
A nation that enjoys the respect and endorsement of the international debt markets can do anything. Anything. Not hyperbole but recognizing the reality of our circumstances.
Unfortunately, you inherit policies that appear almost designed to erode confidence and/or devalue the US Dollar. Reestablishing US creditworthiness won't be easy, painless or quick. Without it any other efforts will be for naught.