Short term interest rates have dropped to a 45 year low at a time when tax revenues, as a percent of GDP, are at a 44 year low; budget deficits are exploding upwards; the economy still has capacity utilization under 75% and the delightful increase in corporate profits are from cost cutting not revenue growth or the need for new investment. Indeed, there is virtually no return on capital investment in this country. If there was a return on capital, new factories would be built here in the U.S., not in Asia. The return on capital in Asia comes from...