12.15.2008

Public Diplomacy

The market went turbulence on last Friday. The reason was the US congress situation which could not pass the automakers bailout plan. The people in the market said they were afraid of the future of the US economy.

The White House announced the statement to consider the options to bailout the automakers with using the TARP program. I can reach this information through media, and of course, the website. The White House provides much information including this statement and dialog with Press and Press Secretary. It is the transparent process for us to understand what kind of discussion was held there, and I think it is good. But at the same time, I am thinking we should not satisfied with much information it provides... not enough to understand why it is so slow to avoid the confusion.