Another superb writeup by Bill Gross where he writes a letter to a supposed President Obama suggesting policies decisions he needs to make. I typically agree with about 50% of what Bill Gross says and have no opinion or disagree with the other 50%. This is no exception but definitely thought provoking and definitely worth the time to read.
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2008/IO+July+2008.htm
In the final analysis I wonder why you or anyone else would want to be President in 2009. But there’s the ego thing and a hope for a better tomorrow and all that.
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