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Thursday, August 28, 2008

If not bread eat cakes.

David Weidner's remark chicken littles and banking crisis is amusing.
He proclaims that there is no crisis at all.
Banks 9 of them have failed.
It is only a mild setback,according to Weidner.
He goes by numbers.His collection of details is amazing.
He refers to the crisis in 1982, 1986.
He also takes us back to the age of depression -1930.
It is a neat statistical study.
Banking crisis is cyclical, is another significant quip by Weidner.
His write up is beautiful rhetoric.
The story is a cover up of the flaws ,foibles,and mistakes of the Fed.
I am impressed by the rhapsody.I enjoyed reading it
The art of writing is perfect in Weidner's article
But,I am reminded.God forbid of the French Queen's retort
If not bread eat cakes.
So is Weidner's announcement.
No crisis but a mild one.
An unusual similarity ,may it be

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