Hi Dew, nice to see you posting!
I started a company back in 2006, and merged with another more recently, so we are still at it, same type of business, same place as always.
Regarding yours and the next poster's comments, I admit that in 2000, I backed Bush (sorry, but the alternative was also scary). It was in 2002 that I woke up to what was happening, jolted by the speed of writing and passage of the Patriot Act. After that, my record on the Yahoo board is one of criticising the admin., as a minority.
I am not much interested in politics at this point, except as two points are concerned:
1. Stable money, essential to come out of this depression, and had it been Greenspan's target, would have spared us.
2. "Humble Foreign Policy". Does that sound familiar? National bankruptcy will force this eventually, but might as well do it right away in controlled fashion.
I do not have a lot of confidence in Mr. Obama's priorities on these notes, but am prepared to be surprised. I had NO confidence in McCain on those notes.
PS. I am in 100% cash in my 401K, and have been since late 2005. IMCL is the only stock I still own. When the deflationary liquidation phase is finished (and they can slow it but they can't stop it), then the trick, in my opinion, will be to get into inflation-safe sectors, because it will come on strong. I actually think they won't seriously fight it, because we have nothing but debt, the world has nothing but our cash, and both are denominated in fiat currency, the value of which we control.
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