Can we trust a bald guy with specks?

I have been shown “the light” so to speak, from the recent events in the market, debate on public policy and the economy. In a democracy “the issues” are not the issue; the issues and their solutions are much too complex for the average guy. Who knows how the economy works and why lending to an insurance provider (AIG) has anything to do with my job?

All it boils down to is this. Can we trust the bald guy with specks?

Figure 1: Henry Paulson, United States Treasury Secretary

I could argue that Secretary Paulson is an Harvard MBA, was a well reputed trader at Goldman, and went on to be a very successful CEO of Goldman. But that doesn’t inspire trust, he knows more – we know less, and we know where that leads.

I could argue about his recent actions in the market. How he led the successful conservatorship of Freddie and Fannie to keep the markets functioning? How he did not hesitate to let Lehman fail? And how he struck a hard bargain (check with the shareholders at AIG) when he absolutely had to lend to AIG? But then again who knows what his “real motive” was and how much “really” the suits made?

I could argue that most traders and brokers, who probably understand the markets best, agree with Paulson. But they are the ones that can benefit from his plan. Well, I could say most economists and academicians see merit in his plans. But we already have an academic as the head of the Federal Reserve and that didn’t do us much good.

So here are the facts that really matter and are easily verified. He is bald. We can see that. He wears specks, we can verify that. Hmm .. where does that leave us? Hey, I know a guy, bald and with specks, who worked out really great for us Indians.

Figure 2: (movie characterization) M.K. Gandhi, political and spiritual leader of India

I say, “Dude, let the bald guy with specks deal with it!”

About amit

I was born in Kanpur, India in 1977. I did my schooling partly in Kanpur, Surat and Udaipur. I spent most of my schooling years in Udaipur in a boarding school. This was the most enjoyable period of my life predominantly because I made a lot of friends and played a lot of football (my first love). My school years brought in a sinking realization that I was good in academics, average in football [even after my most sincere efforts :( ] and to put it euphemistically 'artistically challenged'. Hence cool careers in photography, sports, art & design or music were all beyond me. I took up what I could do best, and enrolled for engineering at Nagpur University. College brought its own pleasures, I had my share of beers, bunked classes, read the 'Bhagvad Gita', learned yoga and picked up love for traveling. After graduating I was one of the lucky few to get a great job at Infosys Technologies. The best thing I got from my first job - my Yamaha Rx 135. There were not many weekends when I did not explore places in and around Bangalore on it. In two years though my desire to pursue further studies caught up with me and I enrolled for a M.S in Computer Networking at North Carolina State University. Here I picked up basketball, love for stand up comedy, liking for the 'other football' and offcourse a little bit of computer networking. I graduated in Dec 2002 and am currently working for /n Software. I am slowly evolving into a die hard Linux and Open Source enthusiast, trying to pick up skydiving, biking, running and photography. Some might call that progress. :)
This entry was posted in Uncategorized. Bookmark the permalink.