[MRM]

Wayne, Wall Streeters are not professional gamblers. They never bet unless they control both ends of the deal or already know the outcome, i.e., the Trilateral Commission gives them inside information on who's going to win in Novemeber. Sure, sometimes they're wrong, but don't confuse Bear Sterns with professional gambling.

So, no, unless you have specific inside information on who's going to win in November and what taxes you'll see increase afterword, it doesn't make sense. It would not be hedging risk, it would be just gambling.