Truth Sayer

The Bernanke Fed's Next Interest Rate Cut Will Be Its Last

I am a little uncertain about the time frames you project but agree with your assessments. I do however have a nagging worry. Your assessments are primarly historically baised I think. I am also well awair that to learn about the future one should study the past. I do hope that we have not missed something in the mix, like generals prepairing to fight the last war.

What I see is the need to creat new real wealth and I do see some slight movement in that direction. Utilities are beginning to plan for new nuk power plants. Wind power generation of electracity is not just being talked about but plants are being built and the goverment is subdizing them with transerfable tax credit. The pace of wind generated electricity is expanded rapidly. G E is at least considering the production of an electric car. Some garbage dumps are now producing methan at least one farmer is producing it from cow shit. I see cracks in the oil wall's dominance of the energy market.

The frantic rise in oil price may price them out of the market. Crisis does produce change. Let us hope that it will be a good one.

Hard money is best, we spend the rest.

PS I spent the money mom gave me for spelling lessions.

PT