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Scott Brown and the Smart Money Pendulum

It’s congratulations to pickup truck owner and new senator Scott Brown for winning Ted Kennedy’s old seat. It was truly amazing to see him come from 30 points behind to take the seat from apparent “shoe-in” Martha Coakley. Smart Money Pendulum

But what is far more important is what it means for the future of the socialisation of America. I’m sure it won’t stop it as it has been going on for years, but it has received a serious set-back.

More importantly the Health Care bill is all but dead which means the US economy will not have to find $1 Trillion dollar to provide health care for about 30 million people.

This is not only good for the US, it is good for the world. The world needs the US to create wealth through business and entrepreneurship, not spend 20% or more of its budget on a national health care system. Why follow the rest of the developed world into the health care black hole?

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Tags abolish IMF, abolish the FED, abolish world bank, audit the FED, glass-steagall restoration, Scott Brown Republican, smart money penulum, volcker for FED chairman