Many of the MMGL listeners would know, in the 2008 election, I voted straight down the democratic ticket. In less than 10 days, America goes to polls for the mid-term. Obama lost me when he appointed Summers and Geithner to his economic team. For two years, he has been more a functionary than a revolutionary. When it comes to restoring trust in the economy, and transparency in the government and markets – he has been a miserable failure. His administration did not bring a single prosecution against any high-profile Bankster for fraud – which was and still is rampant in the banking sector. [Of course, not counting the case against former Countrywide CEO].

For a long time I have been an admirer of  Dr. Ron Paul. He completely lost me when he questioned Obama’s birth record.

To begin with, I do not have much respect for either major political parties. In the past two years, Democrats have, once again proved to be a bunch of wusses.  But I doubt if I can trust Republicans in my life time again. Where do I stand now for this election? Not sure yet. In the next few days, I will post some of my thoughts on the impending crucial election in the US. The focus will be on: The “Tea Party”, Sarah Palin, Glenn Beck and the Wall Street Sociopaths

Stay Tuned.

Heads up: most of my thinking is similar to that of Karl Denninger.