New Year

It's been over a year since I was here.  The economic climate has shifted once again.  Here are the highlights for the year:

ObamaCare- The US took a big hit to capitalism in a move that puts the system in the government's hands.

Ireland Crisis- Worry about their debt failure spreading catastrophe around the globe dealt a blow to the markets.

Greek Crisis-  The country with a union attitude had a big fall.  Too many citizens making government money, but not paying taxes finally caused a fall.  Germany stepped up to help in an effort to keep their Euro currency from falling off.

Election Time- The Republicans won in areas they have seldom done, and rebalanced congress.

Bush Tax Cut Extensions- In a controversial move, Obama decided with economists and left the cuts across the board for all of the Bush era.  It's only 700 billion $ difference, not worth making people mad and shifting money overseas.  Those people in the top bracket are the ones with the initiative to send their income to another country too.

Look forward to a new year.  A new congress, and the start of a new decade.  2000-2010 has been quite a ride.