Many of us knew early on that the suffocating regulation that goes with an activist administration would act as a governor on any recovery, capping vigor. Now that insight is rapidly becoming consensus.
Much of what we have experienced then is little more than a cleansing, or a heaving up of the rich meals of the recent past.
This includes not only an abrupt halt in the journey towards a social democracy, but also the end to the excesses of a Fed too long the lap dog of the banking community. As to the later, this may be one reason Ron Paul did so well in the recent straw poll.
Employer and consumer alike were cheered by the results of the Nov/10 election. We expect this same bunch to become downright giddy at the 2012 results.
Robert Craven
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