It is kinda interesting to see the "Stress Test" results. Obama and his Socalist Agenda are clapping and say they are seeing signs of a recovery and that the Stress test proves that the banks are shoring up.
Dig deeper and read between the lines, you come to a total different conclusion.
What is interest also, based on the "Gov"s intervention in Auto, Banks, and soon much more, a risk usally only seen in Emerging Markets has become reality in the US.
The Guardon UK, a shit rag but they did point out.
"Political risk is becoming more of a U.S. issue as some investors howl over what they see as arbitrary intrusion by the government in business affairs."
Im my world, the world of Private Equity, many of my clients are very concerned with OBAMA and his administration. This has been one of the biggest objections to over come in dealing with the Private Manufactures of this country. My clients, with net worths between 5 million and 100 million are all saying the same thing. "We want to stay liquid, pile our cash high and put it back into our business because we have no idea what this administration is going to do, tax law wise, Take Over wise, etc.
When it comes to Energy, we tend to be one of the riskest ventures out there, far risker than any hedge fund. The risk of getting involved in Energy Play's does not bother these guys. It's the Administration and the current political climate.
