經濟,財務,統計學,數理科學與政治評論

My Dear American Friends:

  Yes! American is facing the crossroad and no one seems to be the captain on the mothership!! I am not accusing that Mr. Obama is incompetent but it seems to be that way!! America has long to be seen as a free society and everyone in the society can do whatever he/she wants if it is by the law. Now America corporations see huge profits outside the states and are all reluctant to invest in the USA. Americans need a great coordinator to help the nation move on instead of staying in the hate or something else long ago. 

   Is it the fault of Obama or the reluctant acts of Bernanke??!! I think both accuses are wrong!! First of all, the wrongdoing of high-flied asset bubbles are still there, but the further falling is intolerable to the whole world. Especially those worldwide wealthy institutions, insurance companies, wealth individuals and others, they all ask for the QE1. They all can not tolerate the suddenly free falling MBSs and related financial products for a longer period of time such as 5 years or even longer. But the truth is it should be that way!!! As Mr. Greenspan says the free fall and the bottoms search are the only way for Americans to let big corporations invest in the USA AGAIN because they are so afraid of the further falling of antoher-round asset-bubble happening!!

  But Mr. Greenspan provides no recipes for the cook to have a new menu in town for the whole world customers. America is a wonderland just as Mr. Walt Disney says. It is a dream town and everyone can have it with hardworking and intelligent. Now it is shadowed by the property bubble. Amercans are dare to challenge the unjustice events but are afraid to admit that the technology of America nowaday is a little way behind than used to be. It is once a great nation which is full of new ideas and great new technology. Right now, there are so many problems we face in the world eagering new technologies but we can not find any help from Americans. Now the nation lacks the vision and coordination of leadership, especially for its politics. It lets itself in the endless disputes and arguments to each others. We do not see the leader shows and declares its commitment and most important of its actions to the innovations of new technology.

  I know for the Obama admistration, it is a hard decision to bring the country deficit down without to trim the government expenses further. It is also a big issue that the house price index still falls in a stready way of 1.5 percent a month. It just shows how vulnerable of US consumers. They do try to consume more, but it also has its big impact for their saving rates. They can  not have both - to get people employed instead not to have the house price fall further. Their salaries are not that much as used to be anymore, the living standard does fall quite well these days. If the only share of their money is used for consumption to support the economy, their house prices have to be support from the government. And the FED already did it!!

  My dear friends!! We count on you for several decades and still, a prosperous America is all we want it to be. We need your support and your kindness. Please try something new and never turning back!! American needs new incentive from the government to let its technology boom again. We do count on you!! May God bless us!!