I don't want to cast aspersions on Neel Kashkari, our new Interim Assistant Secretary of the Treasury for Financial Stability. (Our what???) He has an impressive resume and I have no reason to believe he won't be anything but professional in his new duties overseeing our $700 billion bailout/rescue/Hail Mary.
But ...
Is the universe trying to tell us something? The man responsible for cleaning up this debacle, which was exacerbated by shocking payouts to Wall Street insiders and Fannie and Freddie executives, is named Kashkari, pronounced cash/carry, as in cash-and-carry.
Is this cosmic irony? Or are the karmic powers-that-be trying to tell us all that we need to stop using debt?
Just asking ...
No matter what, I wish Neel the best of luck.
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