Don't be Shy!

The Bank of England is being absolutely blunt about what's going on out there...they are the first "big" or "official" entity that is admitting that there are still big problems. Just look at the pounding (no pun intended) the Sterling has taken the past week. The Larry Levin post I did the other day was about how the Fed continues to act as if everything is roses. Meanwhile, our wonderfully talented and knowledgeable legislative is behind the scenes acting anything but!