The speech and a bit of somewhat encouraging U.S. economic data released Monday has at least temporarily put some investor risk appetite backinto the market place.
National security letters date back to the 1980s and were strengthened under the USA Patriot Act, the counterterrorism law putintoplace after Sept. 11.
Put simply, we risk slipping backinto the old imbalances that contributed to the economic crisis in the first place and which threaten global recovery.