Wall Street Manna
An irreverent look at Wall Street
Monday, January 4, 2010
Oh my! What if rates rise?
What if they do? Who cares??
Remember all the other "Oh mys?" Oh my! How about cash for clunkers? Wasn't that supposed to suck out all the demand for cars?
Why isn't that playing out like the bears thought?
Oh my! What about the tax credit for homewbuyers. Wasn't that supposed to suck out all the demand for homes?
Sorry folks--Fannie and Freddie are at the doorstep of the taxpayer.
Which means "Oh my" stays in hiding!
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