"The matter is when can American and the world really cash their cheque (the promised one)?"
well, that question should have been asked of Bush some time ago.
Obama did say his administration would take awhile to fix some of the mess he has inherited from Bush. Might even take more than 1 term.
The "greed is good' mentality is so much ingrained that, human natire as it is, will be quite difficult to change. I expect a few new legislation to curb such greed, viz, a bit more targeted government legislative intervention.
