Wednesday, October 1, 2008

Investing in Politics?

Saw this article on the WSJ late yesterday. Basically, it outlined how the prospect of bailout was yet again propping up the NYSE.

So I'm thinking to myself, how smart is it to bet on the government getting something done in a timely manner? It's set up to be slow moving!

Would you bet your house on it?

Would you bet your retirement on it?

It seems to me that the folks that are investing right now--propping up the market--are placing their futures in the hands of politics.

Does it seem like a good idea? Do we have that much faith in the government?

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