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Optimism in the Air

RayTheAnarchoCapitalist Wrote: Mar 16, 2013 6:38 PM
Today the FED is doing to the stock market what it did to the housing market 10 years ago.

You might not know it from the acrimonious political debate on cable and broadcast TV, or on talk radio, or on websites and blogs. But here's a counterintuitive observation: Amidst all the negativism out there, I believe  optimism is in the air.

That's right.  Optimism.

Sometimes you have to search for it, or read it in the fine print. But I believe the political economy is getting better, not worse.

Let me make a few points to defend what most folks believe is an indefensible position.

The stock market is hitting record highs daily, returning a...