Baltimore – (TFN): Hallelujah, the markets work! You have no idea how happy I was this morning when I opened the Wall Street Journal and found an article detailing Goldman Sachs shareholder anger at the recent bonus payouts.

Now, I don’t care who makes what. That’s between bosses and their worker bees. But I do get a little peeved when Uncle Sam tries to tell some worker he can’t get paid per his contract.

Baltimore — (TFN): It’s confirmation! On Friday I wrote how I may have a touch of the flu or some other mind-altering ailment because my thoughts were far more liberal than I am comfortable with admitting.

Well, it turns out my ultra-liberal, straight-ticket voting, French-guy marrying sister has a verifiable case of the pig flu. And guess who I had dinner with on Thursday night? You betcha, big sis.

Credit isn’t wealth. A lot of people are discovering that the hard way. Welcome to the credit deflation prelude to hyperinflation.

Obama has only been in office for a couple of weeks, yet he has destroyed the system that countless Americans have fought and died for. The Civil War ended slavery. What will it take to end the new administration’s freedom-destroying laws?

Pessimism about the U.S. economy and financial market is so thick right now you could cut it with a knife. I’ll be the first to admit that times are tough. But Americans have seen tough times before. And we have always prevailed.

Early Tuesday morning trading in the Far East looked virtually the same as it did on Monday for gold. But once the Comex opened (minutes before, actually) gold got absolutely hammered.