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..There's a little Samuel Pepys in all of us..

Friday, October 10, 2008

They're calling it 'pocketbook campaigning' now.. with both John and Barak concentrating their campaigns on homegrown economics.
Truthfully, this economic crisis couldn't have come at a better time for this particular campaign.. What with it being a worldwide problem, rather than particularly American, the focus has been taken entirely away from Foreign Policy..
When the concern is with inflation.. recession.. market collapse.. Issues the likes of Iraq.. al Q'aeda.. get pushed to the back burners..
Point here.. if there is any proof needed the terrorists have achieved their goals, any question left in the minds of those still sceptical about the power they wield, let them simply look around..
Our typical Western knee-jerk reaction to what is a viable threat, is one of the contributing factors to our present economic position.
But.. twenty/twenty hindsight can only be used if the lesson is learned..
Generally, history is not given the credence it deserves..
However.. 'pocketbook campaigning'.. spiced with some exceedingly amusing vitriol..

Steven's campaign in Canada might lead one to believe that it's going to be yet another minority government.. and as if Canadians hadn't learned anything from the fiasco of Bob Rae's term of office in Ontario in the 90's, the New Democrats may again hold a hand in the game..
Ahh.. where's Mulroney when you need him..?

What's to say that's not been said.. much earlier.. right here..?
Stay with gold. If you're into futures.. invest in grains.. wheat..rye.. rice..
Especially rice.
Don't trust any currency..
With all these debts being swallowed whole by federal governments worldwide.. devaluation lurks..
Countries the likes of Russia and China have nothing to lose by unilaterally devaluating their currencies.. They hold vast trade surpluses with the West, and equally vast reserves of foreign paper..

It's going to be quite a ride..

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