"The road to hell is paved with good intentions."Gird yourself, investor.
Wednesday, November 05, 2008
The markets await ...
There are many core principles of economics that escape the understanding of the electorate. In part, we can be forgiven for the lack of economic literacy - human nature is a fickle and powerful force. Even economists have trouble dealing with it. But the birth of an administration with left-leaning impulses and a Congress that fuels social change through the heavy-handed modus of big government makes it imperative that investors be alert for the destructive potential of unintended consequences.