That is How Our Government Works...

Let's start with what this week can bring: dual trades. Some chartists believe that with market conditions as they are, and the end of the year, that there will be massive sell off as traders exit losing positions, or try to lock profits, and this is likely. Other chartists and talking heads believe there will be potential "Santa Claus" effect as the market tries to shift to new positions for the New Year, led by the institutional traders.

I think both are right, and we'll list both put and call, noting to all the high risk to trading in an environment that has been "flat lining" for the last several days.

As 2008 ends a doctrine has also been destroyed, and it's critical we understand it. Supply side economics as we know it( http://en.wikipedia.org/wiki/Supply-side_economics) and free enterprise economics have both been proven to be deadly wrong, and the doctrines have been destroyed.

Bubbles Greenspan, a disciple of Ayn Rand (study this dangerous philosopher to understand more fully), led us through Reaganomics ( a dismal failure) and the concept of "free enterprise without regulation will self regulate and the market will adjust to capitalism left uncontrolled, as this is "free democracy". Bubbles led us through many bubbles, and created most of them. During the Clinton administration he used the results of the internet bubble to pay off our deficit. During the Emperor's recent reign he used the bubbles to help the rich, and pay his friends, and fund a useless war.

What we have learned is obvious. Left alone, without regulation, the free market of capitalism leads to GREED and the few win, the many lose. The house of cards has fallen. And now, as regulations are finally put in, we'll be watchful as typically we will over regulate and confuse issues further:)

Surely both Democrats, Republicans and we as citizens are at fault here. We allowed the greed, we built on it, and we lived it. We all know the story now, but only part of it has unfolded, sadly.

What we see is not what is, but what we want to see.


"How government works"----

Three contractors are bidding to fix a broken fence at the White House in D.C.; one from Kentucky, another from Tennessee and the third, from Georgia. They go with a White House official to examine the fence.
The Georgia contractor takes out a tape measure and does some measuring, then works some figures with a pencil. Well, he says, I figure the job will run about $900: $400 for materials, $400 for my crew and $100 profit for me.

The Tennessee contractor also does some measuring and figuring, and then says I can do this job for $700: $300 for materials, $300 for my crew and $100 profit for me.

The Kentucky contractor doesn't measure or figure, but leans over to the White House official and whispers, "$2,700".

The official, incredulous, whispers back, "You didn't even measure like the other guys! How did you come up with such a high figure?"

The Kentucky contractor whispers back, "$1000 for me, $1000 for you, and we hire the guy from Tennessee to fix the fence."

"Done!" replies the official.

And that, my friends, is how our government works