When government representatives allow immoral but technically legal corporate practices, are we being just as immoral in re-electing those same representatives back into office? Does more regulation help our moral standards or just focus on legal standards? Does it matter? Why do we need legal standards when the moral thing to do is not give our business to those who are doing wrong with our money?
The government announced that starting this month, they will be buying $40 billion worth of near worthless bonds from the Wall St banks every month to try to save the economy. Using our money.
Think it will work?
Willing to bet your retirement on it?
Because if you have a 401k, you already are.