Now for something completely different: Good news on your 401(k)
Although we try, humans cannot live on politics alone. So The Ticket is taking a brief, one-item break from pols this Friday afternoon to tell you about your 401(k).
Good news: Stocks rally -- really. (See video.) New Obama economic team coming Monday, looks like. (We'll be here.)
See previous Treasury secretary item here.
Now, click on the "Read more" line below for a second video. Well, not "now," but after you finish reading this part and watching the first, serious video, then go to the jump. It's really kinda funny. Current Secretary of the Treasury Henry Paulson was in Simi Valley. He was asked an audience question about the end of the economic downturn while the cameras rolled.
These guys have to be careful how they talk, especially in between administrations. Everyone's so touchy these days. It's like Thanksgiving with all the relatives, even the ones you don't remember. Anything you say can and will be used against you, especially if it's political.
Every word these officials utter affects the markets. They all learn to talk this way inside the Beltway.
So watch Paulson say absolutely nothing in a whole lot of words. It's really rather entertaining. There's a skill in that.
And the audience gets it.
-- Andrew Malcolm
Now, click on "Read more."