Swing Trading Strategies & Stock Picks Since 2003



Watch Trading Videos for FREE now!
draw trend
You Are Here: Home > Articles > Economy > "Do I Feel Lucky?"

"Do I Feel Lucky?"
Oct 03, 2008

Picture

Menzie Chinn

add Econbrowser
More articles
Font Size:
Text size
Text size
Text size

Reader Bruce Hall inquires why Econbrowser has not weighed in on the rescue debate. First, I'll observe there has been plenty of commentary on the web. But if compelled, then speaking only for myself, I think the members of Congress who voted against the plan the first time should, this time around, ask themselves this single question: "Do I Feel Lucky?" Those who are familiar with this quote will understand my meaning.

Caveats: First, of course, the plan is not perfect; but as they say, don't let the perfect be the enemy of the good. Second, the metaphor is inexact; in this case, collateral damage would encompass everybody -- innocent and guilty alike -- as well as the entire global macroeconomy.




Rate this article

 
 
(click to rate) 


Back to top


You Are Here:Home > Articles > Economy > "Do I Feel Lucky?"

BUY? SELL? HOLD?
Find out now.