Wall Street Breakfast: Must-Know News [View article]
Well, the markets are saying that they do not much like the bailout terms. It all looks very nice that the bankers are saying sorry and accepting new constrains, easing back on foreclosures and similar; but they're still going to do alright thank you, and now will have the policitians to blame when it gets worse, which it will. I just hope that some of the money being spent will really help educate our kids, repair our roads, bridges and other infrastructure, and get people thinking more about how good things can be rather than how much can we get. Investing-wise? I'm still more into shorts than longs. Sadly, it's going to get a lot worse before it gets better.
Wall Street Breakfast: Must-Know News [View article]