The views expressed in any article published in this blog are the author's own and do not necessarily reflect the views of Joseph Foster or Bob Lupoli.

Thursday, October 28, 2010

Business is Bleak: Correction around the Corner?

Joe: regarding business, the US situation looks very bleak. As you know I maintain that China is overrated and it will have its own correction, probably a political transformation from an internal resistance/rebellion so in this sense there is hope for the US with a competitor in turmoil or at least weakened. Also, you may know Alexis de Tocqueville said that democracy is a self-correcting political system that can usually fix its own flaws, with enough time and enough political pressure. Well, we are in the midst of the socialist experiment & big government its been going on for a long time before Obama. Hopefully the self-correction that takes place next week is a real, authentic correction to big socialist government. We need to change course. Hopefully things will begin to get better for business and the country after next week's elections... - Bob

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