PILING ON

It should be no surpise the leadership of this country thinks the best way to remedy their spending needs and cure dramatic revenue short falls is to (this week) float new reveue ideas for tax increases...we have heard:
1) New heathcare tax
2) New war tax
3) New transaction tax
4) Increase income tax states and Federal
5) New sales tax VAT
6) Increase death tax

NO TALK ABOUT:
1) Slowing spending
2) Borrowing less
3) Restructuring or closing under performing government offices.

Gold contiues it's rise unabated....it is in direct corrilation now to a loss in confidence in government (falling dollar and approval ratings) and peak production...like many other key commodities...oil will begin to move like gold soon.

Where is the least leverage, best management, best legal structure, best distribution channels, best accounting reporting, highest cash levels, strongest board of directors, best brands, biggest back logs??? Look for relative strength in the world's capital markets.....XOM>JNJ> GE>DE>DOW>COP>CVX> ALL UP TODAY!

OH YA...the cabinet below pulled another $115,000,000,000 (that is billion folks) out of the markets again this week to fund ongoing losses....talk about a crowded trade and lack of any practical work experience! These people are called "permanent politicians".

Danny boy not seen here is too embarrassed to have his picture next to this bar chart.