- Top Features:
- War Room
- Glenn Greenwald
- Broadsheet
- Joan Walsh
- Camille Paglia
- Since You Asked
- Follow Salon:
Read other letters about this article
In response to some people complaining about the betting analogy, I think the article is nevertheless useful in explaining some very basic issues to someone who has no clue about anything to do with Wallstreet. Many people who read Salon are students, teachers, and people who work for small buisnesses, none of whom have even 401Ks or stock options. I have never had anything to do with investing, beyond my student loans, and probably never will beyond a mortgage. But when everyone is telling you a disaster is happening, and you are clueless, well an article like this is extreemly helpful. While the betting analogy did seem a little oversimplified...it wasn't really neccisary anyway, the article explained the other points clearly. The article is for people on the outside of this world who do not invest, in order to help us understand something that may effect us. It does that very well. And you don't have to worry about scaring us away from the stock market with language of betting, we were not interested in the first place.
