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To: Dan Meleney who wrote (39041)9/1/2010 9:05:23 AM
From: Jurgis Bekepuris1 Recommendation  Respond to of 78715
 
I am not sure we should continue this discussion here - I will defer to Paul Senior as a moderator to shut it down :)

On one hand, I agree with you: "consistent and predictable" makes people and companies a bit happier (IMHO people whine and bitch anyway, but maybe a bit less ;)). On the other hand, it's hard for democratic government to be "consistent and predictable", since it's whole essence is change through elections and elected officials. And that change is possibly good, since it can - ideally - adjust to new situations in the country and world. (It's bad when the politicians go for their pet interests or populistically swing from one extreme to another). So I am not so sure that "consistent and predictable" is very easy to achieve in democratic society, especially in the time of crisis. :) Obviously, this makes people unhappy even more.



To: Dan Meleney who wrote (39041)9/1/2010 10:55:57 PM
From: maverick611 Recommendation  Respond to of 78715
 
I agree with you. I myself have dropped several investments over the last few months of stocks that I felt were becoming to subject to the whims and overstepping regulation of Washington. I am trying to identify some safer options these days - in areas that don't have a target on their back from DC - but right now sitting on a bunch of cash as overall I am leery of where we are at in the market - especially after today's pop