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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Skeet Shipman who wrote (28352)	9/19/1998 11:40:00 AM
From: Monty Lenard	Read Replies (3) \| Respond to of 94695

"The problems in Asia, Russia and South America should surprise no one. The Mexico bailout opened the floodgates. Every money manager with half a deck dumped billions into Asia and Russia. After all, if things went sour, the International Monetary Fund and World Bank would bail them out." Skeet, there were a few one liners in the article that I find interesting and disturbing...such as the one above. I for one am tired of bailing out the people that make bad decisions. If they want to bail me and EVERYONE ELSE out .... fine. But I don't want to have to pay for others stupidity. When the gov't does not allow people/banks/investors to be held accountable for their stupidity, then they have no reason to stop being stupid. Maybe we are saying the same thing but just in case I wanted to clarify my position and why I posted the article. Monty