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In my last commentary I mentioned that lately I read the opinions of a number of economists. Each expert gives strong advice concerning our current credit crises and recession. Each of them sound good, but as with most experts, it is very hard to understand them. And none of the experts actually agree with other experts. So I have decided to translate some for the benefit of my readers.

Our next expert is Mark Zandi chief economist, Moody’s Economy.com

Mark suggests that, to fix our crises, we need confidence among investors and the best measure of confidence is the DOW Jones industrial average. So he says we must give confidence to the stock market. Zandi further says the President must “fix” the banks.

So he is not suggesting a “bailout” of the banks because people do not like that. He is not saying that we should give lots of money to the rich bankers, since people do not like that either.

I think he trying to say that we should provide monetary assests to the trustworthy guards of our national wealth. We are rescuing our front line troops in the economic battlefield.

Now doesn’t that sound better?