Posts

Showing posts from December 31, 2009

Happy New Year!

Wishing everyone a festive and joyous new year and hope you all have a drink for the coming 2010.   I would be lying if I were to say that politically speaking 2009 was a good year.  America has suffered from a massive erosion of freedom, confiscation of more private wealth, expansion of government at both the federal and state level.  Of course none of this is particularly unique to 2009, but the rate in increase is hard to ignore.  From my humble vantage point it would appear that 2010 will be a scary, strange and exciting year.  While it is always difficult to prognosticate, below are several facts that are important to remember. Debt levels are still out of control.  Due to the policy of the Bush/Obama administration virtually no contraction has taken place and we are deeply in debt.  Not only America, but the entire civilized world.  Stocks are inflated.  The current stock market is a manifestation of a liquidity pump engineered by our central bank and commercial interests af