Tuesday, December 22, 2009
A Picture For Christmas
A few years ago, on Christmas night, I took this photograph of a house at the end of my street in Northside. I like this picture, so, to all those who read Moneythoughts and celebrate Christmas, I post this picture.
Hopefully, in the new year 2010, we may hear more about the idea of the "Level Playing Field". I am not interested in revolution or for that matter leaving capitalism, as I think, as an economic system, it can work. Sports work, but they must be regulated. Without regulation, which is the goal of the "Level Playing Field" there is no contest. We can give a little on inflation, if we can get something from regulation of the capital markets in return.