Moon Kil Woong
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The T-Mobile Merger Will Still Get Done [View article]
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For example, Reagan did it by raising interest to kill inflation. Hopefully Obama will take the effort to increase transparency, prevent financial fraud, and fix the derivatives market even though financial institutions will claim bloody murder about it. It may hurt in the short term but it's necessary for the prosperity of our financial future.
I am hopeful but skeptical. Obama is a populist.It will be hard for him to do things that are right but deeply unpopular like telling America is should keep with an austerity program until savings and income can properly support debt.