Another T., Booker Washington, once said "there are two ways of exerting one's strength: one is pushing down, and the other is pulling up." Today, our elected officials mainly concentrate on the former. Let's stop beating around the, ahem, Bush. Instead, focus on the latter, and, while we're at it, do something monumental, like making green energy free some time in the future, say 2020. James Hanson of NASA leaned in this direction when he advocated a severe carbon tax, but wanted the revenues directed back to the taxpayers, not government.
The Dow Jones Industrials rose 45 to 11,869, while world markets were mostly up. Gold finally increased, +$4/toz to $1581, while the WTI oil is at $94/barrel and the Brent Spot at $105/barrel.