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Originally Posted by dogzilla
I'm not fond of nanny state rules in general. There's ways to avoid the risk of a single investment going bust, by diversifying your investments in as many places as you can. For instance broad market based mutual funds.
And yeah, I could have done without the nanny state rules where the government encouraged banks (thanks to Barney Frank and others) banks to grant loans to people who had no business obtaining credit long before 2008.
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Well, the "nanny state" seems to have served America well so far. I don't see why you'd be so against the idea in general. Against specifics, I'd understand.
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Hope and change is finally coming in November.
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I dunno. I think it'll be more along the lines of pessimism and obstruction.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
Last edited by Baraka_Guru; 10-08-2010 at 01:49 PM..
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