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Whom Should We Trust?

Jeffrey Miller (October 6th, 2008) Writes:
There is an argument making the rounds.  The first incarnation was in opposition to the Paulson Plan.  It has morphed into a question about whether the plan  -- and other measures -- will work. At "A Dash" we did not take an advocacy position on the bailout -- er --rescue plan.  We have opinions about public policy, but that is not our job here.  We tried, both here and in the series of RealMoney articles, to inform investors about the progress and prospects of the legislation.  The market had already rendered a verdict on the need for some action. We now have an interesting situation where those who were the biggest opponents of the plan are asserting that it will not work.  That probably is consistent logic.  The challenge for investors is to figure out whether the Plan will get to the ...

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