09-29-2008, 07:59 PM
WRXtranceformed Wrote:I thought this article from a Harvard economist summed the whole situation up pretty well.
<!-- m --><a class="postlink" href="http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/index.html">http://www.cnn.com/2008/POLITICS/09/29/ ... index.html</a><!-- m -->
Indeed it did. Tons of economists have been warning of the long term impact of the bailout - so I'm glad Congress woke up today and voted against it.
Unless you were shorting the market, who cares if the indices are down?
05 S/C "Elixige"
07 Mazda 3S - commuter car
99 YZF-600R - commuter bike
07 Mazda 3S - commuter car
99 YZF-600R - commuter bike
