William Black In Barron's This Weekend

William Black was at it again, but this time in a major Wall Street publication.

http://www.financialarmageddon.com/2009/04/too-naive.html

People know what is going on and it is now simply a matter of whether they want sacrifice and fix the economy now, or put it off for others to have to fix at a much higher price in the future.

We all know that the Baby Boom lacks the capability to sacrifice and the generation which preceded them lacks the ability to make a decision (think John McCain), so the odds are high that the current government will not require the needed changes to be made.

It is sad, but it is what it is. The goal now of Washington is to inflate asset prices to drive "aggregate demand" and finance the new massive tax structure they plan to install. As investors, we all must now operate under the assumption that SEC-sanctioned numbers are rigged in an effort to manipulate stock prices higher.