Blog has moved

I have decided to move my blog over to a wordpress blog. The address is:

http://freehandthinking.wordpress.com/

Reasoning is posting there.

Recovery?

So, today the DOW hit 8000. World markets are starting to surge. So, how long will it be before all the credit for this action--which is historically cyclical--becomes an accomplishment of Obama and his administration?

A better question, though... How long before our economy falls into another recession thanks to the massive injection of printed money meant to get us out of the current recession?

The Magic Number

The magic number strikes again! Plastered at the top of Drudge:

Prime Minister Gordon Brown says leaders at the G-20 summit have agreed to give $1 trillion to the International Monetary Fund and the World Bank to help struggling nations around the world.

Brown also says the 20 countries at the summit will enact common policies to crack down on tax havens, regulate hedge funds, and rebuild trust in the financial system to "prevent a crisis such as this from happening again."

If $1 Trillion didn't help our country, why do we think it will help others?