Anti-Bailout people here have real money in the stock market?
I see alot of anti-bailout blogs. And I am just curious. Are you REALLY invested in the stock market? And if you are do you really think this plan will hurt the market long term? I am invested in the market. And as an investor I really do want this plan to pass (I want it to pass even if I wasn't) because I am pretty confident the market will rally bigtime if it does (at least short term). I also feel it has a chance to do what Paulson and Bernanke think it will do (2 really smart people even if you don't agree with their policies).
Piecemeal, firebrigading isn't working. Both just bottom lined the probelm and decided let's just deal with it and turn things around. I happen to agree with them. It isn't just spending $700 billion. It is investing $700 billion in the US economy.
The ultimate is "time." But we need stabilization first, and the purpose of this plan is to hopefully, and finally achieve that. Once stabilized then growth should resume, albeit at a slower pace, but at an upward pace nevertheless.
Anyway, if you are against this plan, and have REAL money in the market I would love to hear you reasons.