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Thread: "For Chinese, US election is entertaining"

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[quote=BITTERSWEET,327827]I definitely support Mr. Paulson views on current US social status and his policies addressed to credit market.  But something must be wrong from behind: Economic advisors should have predicted the short to midieum term economic trend and done dynamic adjustments and evaluation on the policies. to avoid fierce turmoil or economic cycle. But they failed to do that not because of their inability.  
I believe most advisors are from big corp. or top-bankers in Wall Street, which is not a problem.  Something that must be wrong is loosing checks – supervision that is USA is proud of and always promotes to other non-democratic nations.  In this financial crisis case, law makers could do execution and supervision as well, which is conflit of interests and most likely results corruption.  It’s is said one good guy can do bad things if he is offerred unlimited powers and two bad guys can do good things if they are checked each other.  The theory, I think, is one of the reason why USA can keep social stability, prosperity and fairness and most importanly LIBERTY.

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