What's next in the economic debate?

[ProSense]

Judging from Geithner's comments today, and Obama's expressed confidence in him, it appears the administration is going to move forward with its plan.

Based on whether or not you think the plan will succeed or fail, what's next? If it succeeds, then what? If it fails, then what?

[BlooInBloo]

1. If this fails, next is nationalization...

Which will be an easy sell to congress, since they tried everything else first.

[Fovea]

7. Pretty much

and a gradual disengagement from military presence, which in the Pacific will increase tension and require large scale re-arming by the Japanese.

How we deal with their becoming a nuclear power will be a burning question of the Obama II admin.
By that time, we should be around 75% energy independent.

How do you say no to an ally facing down China and NK in their own region, and who are the only nation ever to have atomic weapons used against them?

Then, Russia will want to exert more influence in the Region, and run into China and India, both of which exert a checkmate potential.

We will be very busy retooling our industrial base around lower petroleum consumption. Over the road trucking will drastically curtail. Rail will be the new Interstate
system, and will use the same RoW to save acquisition costs. Pickens will get his way, and the transition will be supplimented by the overly expensive (in kyoto terms) natural gas.

The big insurance giants will go down, and then state insurance oversight will be federalized. That may or may not work.
The likelihood of our having more than sentimental influence in the world in the next decade will be dependent on
how successfully we adapt to a lower usage of natu7ral gas for ammonia and how well we meet the hydrodynamic of the new global climate..

[PBS Poll-435]

2. Recovery

A rise in valuation for the big banks at NYSE.

Citi @ $6.00, Wells @ $26.50, JPMorgan Chase @ $37, BoA @ $12.00 by June.

[Kdillard]

3. I believe the next debate will be about the proposals brought

forth by Geithner and Obama to wind down Businesses considered too big to fail and what Congress will do about installing new regulatory standards for institutions so that we don't get to this type of situation again. Geithner had some good proposals when he gave his testimony and I want to see them fleshed out and adopted with Congresses input and the other instition that need to be involved in those discussions. At least that is what I think at the moment. In any case we better hope Geithner's plan works because if we think things are bad now well ...

[kentuck]

4. They ask for the next installment...

Before they ask for another one after that....

[mix]

5. jobs

if the credit markets remain frozen, job growth will not occur

[cottonseed]

6. I hope it's something along the lines of Lincoln's greenback.

It's time. Let the Federal Reserve eat it.