Glass half full or half empty

Auto industry tanks so they said yesterday, housing continues to erode, oil still shooting for the moon.

While many are losing faith in the capitalistic markets, we continue to appreciate what capitalism gives us. As we ponder the independence day this weekend, try to remember that it is not the greedy capitalists that caused this mess. If you have been around my ranting for at least the last two years, you would not find this surprising at all. so to us the glass is half full.

I read everywhere the assault on capitalism. It just is not true. It is power hungry fed officials that have caused the mess. I do not want to get into a political debate here, but it is the Gov. causing everything we are witnessing now.

Understanding this is vital to your sanity and investing safety. What bubbles greenspan did with loose monetary policies for the last two decades is coming home to roost in higher prices. Get used to it and either stand in line and complain like the masses or do something about it. That is buy tangibles and if you are aggressive use leverage as in options to make a decent return. Other wise suffer the losses them masses are and will be losing.

Someday when everyone is touting how much they are making on commodities, this gig too will be up and we will need to move to the next bubble created. Until then ride this wave for all it is worth.