“As always, the government needs to get out the of way.’

IMO the biggest threat to the well-being of board members is catastrophic government debt. While I think if I were king I could solve the problem, I am not, and no one with my approach would be able to enact what I believe would best work.

That said, additional tax revenue will be needed combined with spending restraint. For Republicans tax increases are anathema. For Democrats, they only wish they could spend more.

IMO any non crisis driven solution will be a compromise led by a sane Democrat. As Nixon was able to go to China as a Conservative, only a Democrat will be able to orchestrate spending restraint. I see none on the horizon.

As for taxes, does anyone really believe a stock transaction tax or an increase in top income tax rates would hurt the economy? Go to Naples, Florida, watch the private jets - and tell me there is not additional tax revenue available without damaging the economy. Also, I see no problem with a minimum 15% corporate tax rate. Hell, if my capital losses can be restrained as an individual, why can’t a corporation’s?

End of rant. Off to try and make a few bucks. Also, with AGW here today I am going to wash the salt covered cars. LOL - Bearcat basketball tonight will save me from throwing a shoe through my TV.