Monday, September 29, 2008

Bye bye, 401K

Thank you Congress, for getting nothing done yet again and giving my 401K a nice kick in the balls.

2 comments:

PJ said...

Do you really think Congress' failure to pass the bill is bad for your 401K? Certainly the markets are volatile, but I don't think the burden to prop up the markets should be Congress' responsibility.

I doubt this stimulus package will succeed in the long run.

Blogman said...

When I wrote that, the dow had dropped 700 points... that's really what I meant was bad for my 401K. As for the bailout, it seems to me nobody knows if that's the right thing to do.