The Over/ Under on the BIG GAME

While I am a big college football fan, as I know many of you are… this is not about football… and as my veins bleed Orange and Blue [cough] Go Gators [cough], the players in this ‘game’ have colors of their own.

The question is… who are the players?

Is it the Green Tycoons of Wall St vs. The “White-robed” Senators

[I use the color selection quite loosely.]

Or is it the  more simply the

Reds of Washington vs. their across the aisle rivals, the Blues of Washington?

Now that the Bailout Bill has passed and will soon be less of a front-page-news item, there is likely going to be many MORE articles as to who/what is to blame for all of this mess we find ourselves in.  The ‘righteous’ in Washington D.C. are saying that the free markets are to blame and that it was pure greed that drove us to the brink.  Well, like so many times that the stakes are big, the loudest seem to be the ones that need to looked at just a little deeper.

Is that the case?  Did ‘runaway free markets’ cause this?  Well the over/ under is more aptly called the over regulation/ under regulation argument.  Someone whom I personally follow as a forward thinker in the industry, Brian Brady, wrote a post on BloodHound Blog, Deregulation is the New Regulation.  Brian, I believe, summed it up quite succinctly in three bullet points.

1. Borrowers that can’t meet Prime…
2. When gov’t regulates private industry…
3. When you move down the…

Read the article here

In light of the already-heated political climate, I will not make this a political post and the only names I will point out are: Barney Frank, and Chris Dodd, both Senators.  Do your own research to determine their influence.

At the end of the day, I continue to remain bullish on America.  Americans have been down, but we have never been out… current circumstances notwithstanding.

We will survive.