I have nothing to add tonight to my last blog. Nothings changed...yet. I get the feeling somethings about to happen but I'm not sure what it is. The numbers to watch are the same.

Today I found myself watching Fed Chairman Bernanke give a speech in London. I keep thinking to myself if it's possible that he is as big a fool as I believe he is. Does he really believe his own rhetoric? Does he relish the chance to try out all of his newfangled theories he's worked on all of these years? Does he really think that he can turn back the largest credit collapse in financial history with a little paper and ink? When the local liquor store finally quit providing liquor to his kids did he run out and open his own liquor store so he could keep his own kids intoxicated? Isn't that really all he's doing?

Maybe once when he was young he got really drunk, woke up with the worst hangover of his life and swore he'd never let that happen to any economy he was in charge of. Maybe it's that simple.

What I do know tonight is this...doing the right thing is usually the hardest thing, and they're taking the (perceived) easier path. You see, taking the easy way out of difficult situations often brings short term relief only to leave you with a much bigger problem than you had to begin with.  That's how it is in life in almost any situation, including deciding proper economic principles and practices. You know what I mean, don't you.

So in that regard, Chairman Bernanke IS a fool. He demonstrates it every time he rolls out some new way to "save" capitalism from itself. The only thing I see threatening capitalism is Chairman Bernanke and his band of fools in Washington. This is a slow motion train wreck. Maybe I should call my uncle. He's never seen a train wreck before.