Constitution Day: Why We Celebrate

Ben Bernanke has declared the recession over. Even now as the Federal Reserve Chairman states the recession is “very likely over” as consumers showed some of the first tangible signs of spending again. Why is no one pointing out that all this retail activity has been driven by government subsidies. The banks are back to the same old double dealing with intangible assets and unsecured debt - although healthcare is definitely an issue which could break our economic back - are we so singleminded that we dont see the whole picture. As big business benefits from subsidies and Govt assistance Wall Street Climbs the wall of shame with claims of a bullish market and further fueled by those joining in afraid that they will miss out. Have we...