So what next.... bail out fails and that is it. In my plain view it is irresponsible to fail the bail out.
The reason is this:
If there is a huge downpour and continuous storms the DAM operators have 2 choices
- Open the dam - this will cause some damage but could save most underlying parts
- Argue opening the dam will cause damage and sit. Two things can happen here:
* Rain subsides and normalcy is restored
* It rains continuously and not only the dam breaks but a great havoc is caused.
To give another analogy it is this:
"You have 2 choices. Either you lose $1000 in 3 months or $ 10000 in the next 2 years".
Well, theoretically with the best of research and timing it is a big deal doubling your money in the market these days let alone a 10-bagger so you are better off losing $1000.
Think folks think. Think Congress think. It is cliched but 'Since pros and cons are opposites I am sure progress and congress are opposite ends'
Monday, September 29, 2008
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