To A Dark Place

clipped from pajamasmedia.com It’s not just Immelt. I can think of no high profile Street firm that is questioning the manic Keynesian tax and borrow and spend and spend government program. It was bad enough when investors had to assume the Street was pushing its own financial agenda via its research product. Now we have to assume the banks and brokers are pushing the government line. As Yoda notes in Revenge of the Sith, “To a dark place this line of thought will carry us.” To a place of getting out of the markets.