Interesting

Some professionals I know are predicting the market bottoms out this quarter. The rest of the economy doesn't feel it till summer. Then the recovery begins.

Here is an interesting article.

In particular, I am glad it points out the value of foreign aid.

Then as now, Americans failed to understand that unattended hunger, disease, and deprivation are the breeding grounds of extremism and conflict that threaten our national security and lead to vastly larger costs.

http://www.thebigmoney.com/articles/judgments/2008/11/05/what-obama-needs-do?page=0,0

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Quote of the Week

Not that this will be a habit mind you. I just thought this was an interesting quote. From The Big Money:

"Inflation is the bacteria of the financial world: It carries a certain ick factor and can cause a lot of trouble if allowed to grow unchecked, but a carefully calibrated amount is essential to keep the bigger, loftier parts of the system functioning properly."

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