I honestly have no idea whether today's developments on the Banking Bailout are good or bad for us "common" Americans. Yeah, my portfolio just lost 5% in one day, but I'm just not smart enough to know whether the Bailout was good or bad for the long-term outlook of this country. Lou Dobbs is practically throwing a party on CNN because it got rejected. I'm just glad that I don't have to make that decision. I feel sorry for America though, if McCain and Palin get elected...because I think she's even less prepared than I am to make that kind of complex and global-reaching decision...
My thoughts.
Doug
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