>>>>In general, everything could be presented as a guess and speculations. However, as long as gambling is legalized, that's the reality, people have choice going either to Vegas or to market. Usually, the same people do not go to both places, i.e. it might be a different kind of guesses and speculations.
>>>
>>>People also have the choice of not going to Vegas or to the stock market. Some of those people actually decide to earn their income rather than look for the quick buck.
>>>
>>>My wife and I are a couple of those people. We invested in ourselves. We'll get stuck footing the bill for the gamblers though.
>>
>>You just posted two messages in a row where I completely agreed with you. Snow will fall tomorrow.
>
>Here is an article I read last night by the peerless Gretchen Morgenson (Pulitzer Prize winner who writes for that left wing rag). It is wittily written but the subject is no laughing matter. Wouldn't it be great if her suggestion near the end of full disclosure comes to pass? If the FHFA has any spine at all they should force the bailout-ees to disclose every last nickel, and no funny business.
>
>http://www.nytimes.com/2008/09/14/business/14gret.html

Interesting, McCain recently has been calling for the same thing. Transparency. Not gonna happen I'm sure regardless of who wins.