Ain't Doin' Bad Doin' Nothin'

Everybody thinks everything will be ok....just keep rolling more debt into old debt....never let anything go down....say the politicians/ lawyers and professors. Lets freeze wages on federal workers captures the headlines. The press loves it. LOL
Fun facts:
-) There was 100 years of flight experience in the cockpit that had the engine problem a few weeks ago...there was a one in 100 million chance to have all that go wrong......BUT IT DID. Experience paid off that day.
-) The number of federal workers earning $150,000 or more a year has grown ten fold in the past five years and doubled under the current prez.
-) 90 % of the stock market is owned by 20 % of the top income earners.
-) During the first eight months of this year imports of wood chips to China have more than doubled from last year.
-) Gold remains the only viable investment asset that allows a person to remove wealth from the financial system per se.
-) California's economy is the same size of France's and Illinois is as large as Mexico's.
-) All the Gold in the world @ $1,200 per ounce is worth $6 trillion.
-) 51% of USA patents were awarded to NON-US companies in 2009.
-) US firms now spend twice as much on litigation as they do on research.
-) 70% of all health-care spending is on lifestyle-related diseases.
-) 36% of American men are obese vs. 1.6% in China.
Year end portfolio monkey business is at hand....careful of the head fakes from tax loss selling...
The public remains a net seller of stocks and a buyer of bonds......they are doubly wrong and getting bad advice.
Oil and natural gas maybe they only play for 2011 as the world hears for the first time in January from the newly seated congress what is really going on!
Barkly seen here in his prime.

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