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Good morning everybody!!! It feels sooo strange not to be flying somewhere....

Fox Business Network won a FOIA case the other day that has very deep ramifications for the Fed: They won a suit asking to see all parties that got TARP/bailout/stimulus money. Maybe now we'll see an audit of the Fed (don't hold your breath).

Didja also see that, unlike 1994, whern the generic GOP vs. Dem polling never showed the GOP ahead until the day of the election, that generic polling now has GOP up by something like 10 points? And it's been that way since last June?

I read something the other day that was interesting: Why all the reckless spending? Do the Dems want to wreck the economy?

Short answer is: Yes, if that's what it takes to make huge tax increases and a VAT tax permanent. If they get their hands on energy, it will be like a kid who crimps the garden hose while somebody tries to use it. And cheap energy (relative to the world, that is) is all we got left in the way of competetiveness vs. the world anymore, except for the fact that Americans are willing to work overtime to achieve the productivity gains.

But with all the taxes and energy restrictions, who is going to want to put in the hours anymore?

(Another thing: Cap n' Trade is nothing more than a combination VAT/Windfall Profits Tax -- remember that one? -- much worse than either alone)

The only wrong move the gov't. hasn't made is to raise interest rates a la Jimmah Carter. But I think that is coming in 2011 (along with accel. currency inflation).

Hope we can reverse this mess in time...

Good morning , Bit.

FBN win..yay! I suppose that will be breaking news on all the msm stations. /s

Speaking of cahtah, is there any way the 10% oil/gas tax he signed can be recended?