Oil

Oil down below $40? GS's target is $25? That seems to be scary stuff. Despite shoveling money out of a B-52 we are still looking at deflation? I know that core is pretty much flat. But even still...

Oil was at, what $140 this summer? Does that mean people think that there is nearly 4x's less demand in the economy? I don't see how you can oppose Keynesian policies in a time like this. If there has ever been a case for a lack of demand, that time is now.

No fear of too much crowding out, cause no one is in. BHO's $775bn infrastructure investment is spot on. He gets it, and that's a very very good thing.

Good luck to us all...
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