Failure as an Ideology

The 70's generational worship of FAILURE as an ideology can only lead to crisis and chaos.Recent polls show only 53% of Americans now believe that Capitalism and freedom is better than Socialism and enslavement. That means the 47% of the population now think its Ok for people like New York's Mayor Mike Bloomberg , to tell them what to eat ,drink,smoke, when to sleep and where to go dancing. Some states like tech driven California is looking to BAN large flat screen TV's ,brilliant ! Clearly this is not an atmosphere for leadership

Seems Worshiping of FAILURE has become the new social disease where the power of envy will drive even the most well meaning people to shot the self's in the foot. What amazes me is how many people seem to buying the fantasy's about the Obama administration. Despite the massive tax increases ,unprecedented national debt and despite the massive increase in unemployment many are still blinded by the phony mainstream media Orwellian fantasy of big brother.

let the kids Dance !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

So Mayor Mike says its OK to dance in NYC again and as the word spread that the repressive dance ban in the city was about to end the market responded with a bit of a dance of its own ! Putting together back to back wins for investors. While some licked their wounds from the recent market turmoil other expressed optimism that toilet paper will continue to have strong sales in the current market environment.

Crowds filled the down town underground club scene and an excitement in the air that seemed to spill out and into the streets and perhaps into the hearts and heads of investors . Perhaps this is a sign of things to come and perhaps that the next generation that is waiting in the wings with new ideas and a solve the problem get it done attitude unlike the down trodden 70’s generation is starting to feel its own.

Perhaps we have reached the depths of financial and sub prime despair and banks have finally told us what is really on their minds and on their balance sheets . Better yet perhaps the solutions will be reached despite the best intentions of the political class and the worlds largest economy will once again create jobs by getting back into the energy business.

So look for more volatility till the end of the summer in to the middle of October . October 21 or so should see some kind of direction set and the playing of both sides of the fence the short and long should come to the end .