Celebrate The Common Man

Who will take care of us? Who will do all the work to take care of us?
Who will grow the food?
Who will build the houses?
Who will maintain and repair and renew?

Will it be the rich man?
Will it be the poor man?
Will it be the common man?

The common man is the man we most depend upon.
He is the factory worker, the plumber, the gardener, the school teacher, the nurse and on and on. He goes to work. He does a good job. He creates all the material abundance we enjoy.
He is the man we need. He is the woman we need.

Let us celebrate the common man.
The man who takes care.
He is truly rich. And he makes us all rich.

Now For The Hard Work

So the market has been very good lately. We got to 11,000 and punched through. But the climb to 12,000 will not be so fast and easy. My predicton is 12,000 by Thankgiving. Seven months from now. It looks like earnings will be very important to allow this rise.
There could be some discouraging corrections coming up.

But the truth is always that things are getting better. People are getting richer.
Sometimes it is hard to believe because as individuals we age and grow feeble and die.
Not easy to be optimistic when you imagine your destiny.

But your projects don't all die when you do. They are handed over to the new generations. They stand on your shoulders and continue to find wonder in an expanding universe.

Signs of Overheating

inflation is running around 2%.
The powers like that, but it is not a good thing. It should be zero.

GDP growth is 5.5%. Wow! That sounds high to me. I thought 3% was the sustainable number.

Gold is $1,148 per ounce. What can I say?

Oil is $85 a barrel. That is great news if you own an oil well.

All the stimulation is to make the rich richer. Always a wonderful plan. The excuse used to sell the stimulus is to get people employed. The unemployed are generally in two groups, those between jobs and those who are not employable. The unemployable don't need an overheated econoomy. They need other forms of help.

Already Overheating

Is the economy already showing signs of overheating?
Is there inflation? Is the rate of inflation increasing?
Are there shortages or supply bottlenecks?
Are things selling out?
Is it hard to find qualified employees?

Business and government are both seeking an overheated economy. That is what they want. If the economy is healthy, they complain loudly that there is not enough demand. They demand more stimulus and lower interest rates.

They want the economy to be overheated.
They do not want a healthy economy.

News Bias Blame, Credit or Cause?

Birthrates drop in California, and experts blame recession

How about "experts credit recession"?
or
"Experts site recession"?

Blame has a negative connotation, as if to say a fallng birthrate is a bad thing.
Who is to say if that is good or bad or neutral?

I personally see it as a good thing. But that is my bias.

The Estrogen Bunny

I saw her this morning.
Lovely!

What Is The Truth?

The master said, The truth will set you free."

Another way of saying,

"YOU ARE FREE!"

The truth is that you are free. You have always been free. You will always be free.