I heard on CNBC this morning, that President Obama had allocated $300 million for appliance vouchers. As I heard this, I began to think that President Obama spread out this stimulus package in a very methodical manner. Think about it, our economy was seriously deprived of stimulus in 2008, that slamming it with dollars might have risked inflation. Therefore, what if President Obama, Treasury Secretary Geithner, Chairman Bernanke, Larry summers along with many others did this intentionally to try to avoid over inflating the markets? It makes sense.
I heard another comment on the news today, about how some stocks shot straight up these past six months. Well, if it is true that the stock market is a good predicator of the future, then is it possible this economy could take off when it is well and ready to? What if President Obama laid down a very strong foundation, different than any past President, therefore, giving the economy enough gas to speed up the car? What if President Obama is the throttle to the car. Chairman Bernanke provided the gas and drives the car "the economy".
If this were the case, then Chairman Bernanke's theory may become reality in October/November, giving us the start of a recovery. I can always hope. I have to believe brighter days are near. I have to believe America will shine again and much brighter this time.
Stay tuned...I have more to share. Just another day in the mortgage mess!