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Author: desertdaveataol Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1109  
Subject: Brinker's Idea on 23NOV08 Date: 11/23/2008 6:21 PM
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Just something to keep in the back of your mind as you read and react to the over the next couple of months markets.

Bob Brinker made an interesting point on his nationally broadcast radio show today. He basically said that it would take a major incident to stir the current administration into any regulatory action between now and January 20th.

His reasoning was that everyone in the current administration is polishing up their résumés (my words not his) and getting ready to move so it would take a significant event to prod the lame ducks (again my words not his) into action.

If that is the case, and he's not the only person to figure that out, there may be some major shenanigans in our near term financial future as the mavens of morality on Wall Street, who got us into this mess, try to extract a few more billions from the system before the new administration comes to power.
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