Five

Permit me to indulge in a little gloating. Yesterday's post ("Four") was quite timely, to say the least. I see that MOT is down 10% in the pre-market this morning. On to (hopefully) better things.

Well, maybe not. Let's talk about Pelosi. I wish I didn't have to, but as long as she is spending my tax dollars to congratulate herself on become the first woman Speaker, I think I have the right to toss a few spears. It's pretty obvious that Pelosi and the Democrats really didn't "win" anything. George and that bunch of lily-livered wimps on Capitol Hill handed power to the Dems. I guess they were sick and tired of accepting all the bribes and decided to let the Dems share. And of course it really makes no difference which party is in power, because it's the entrenched bureaucracies that suck up the economic wealth we create, and when was the last time either party was able or inclined to reign in the growth of government?

So my bottom line for Pelosi is: If you can run the House of Reps like a business that is accountable to its shareholders, we'll be fine. On the other hand, if you run the House like a day care center, then we might as well just start speaking French or Swedish, because we're continuing to head for out and out Socialism.