Wednesday, October 1, 2008

Why I'm invested in the Wall Street bailout

Of course, the bailout plan has come and gone and is being retooled even as I type, but last week, when things were still looking hopeful, I wasn't too pleased with the proposed bailout plan.
I don’t have the spare income to invest right now, aside from the automatic payments made via payroll withdrawal into my 401(k) — a thing I am, frankly, not willing to look at too closely these days (I’ve heard that the market is basically where it was in 1998, meaning that anything you’ve put in since then is there, but anything you’ve gained is gone). But I do pay plenty in taxes. So, in spite of my lack of investments, I feel very invested in the government’s proposed bailout of Wall Street. ... Find out why over at The 36-Hour Day.

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