Saturday, September 20, 2008

Whiplashed or Bush-Whacked?

Wow! What a week!! Driving down our free-market super highway which had been predictably constructed for over 200 years, we hit a sink-hole that rocked our world; blew out the tires, cracked our windshield and took us over the edge into darkness. We hardly had a chance to even glance in the rear view mirror as we were going down.

At this point, we find it necessary to get out of the car to assess the damage, and there was no Bernanke Towing Service or Bail-Me-Out Bond in sight. So now what? We’re sitting on the side of the road, with not a Thomas Jefferson nickel to our name (maybe because 3.5 million of them were in a rollover pile-up in Jeb’s state of mind, aka Florida), to ponder how on earth did this happen to our “Wild West” capitalistic approach to world economics?

Given the frantic pace with which our old world economy is dying, it’s obvious we won’t be able to hang around too long on the side of this road because while it may be promised, it doesn’t appear that anyone will be along any time soon to help us out. Not really, even though we thought we had insurance coverage for all of this. Seems the best option right now would be to just get out the jack, change our own tire, and get a-movin' on down the road – doughnut tire, shattered windshield and all.

The windshield was indeed cracked in two which makes us believe that we have definitely come to a fork in the road. Do we go left, or do we go right? Looking in the rear view mirror, we can certainly see the global Red Shield’s trend-setting re-positioning, and the overall direction moving toward privatizing profit and socializing liability. Has this been the plan all along? The bigger question still is what larger, long-term, and all-encompassing international strategy is moving into place?

Looking to the right, what do we see? A probable re-construction of major portions of the free-market super highway with perhaps a new bridge (economic re-shuffling) allowing the MOWBs (see definition below) to continue to run the world on our tank of gas, and with our permission no less, over the next 4 years.

Looking to the left, what do we see? The probable dissemination and/or restructuring of the mystery known as our Federal Reserve within the next 3 years into more transparent and separately managed sectors, thus providing us with a healthier 'checks and balances' atmosphere.

What will you invest in and which direction will you choose to avoid being “Bush-Whacked” (see definition below)?

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