It was fun while it lasted

Well, at least we had a century. Yes, the 20th century was America's. This country dominated, pretty much, the entire century. But, we let our unfettered free market get hammered by taxation and regulation. And, beginning in 1913, we began to print money through the Federal Reserve and whack away at the gold standard. Now our money is not backed by anything and the dollar is worth only 4 cents.

The bottom line? Unless we embrace unbridled free market capitalism again, and limit the two things that destroy wealth faster than anything else, taxation and regulation, we're done. Read this article that posted on prudentbear.com today. The European Union and China may be eating our lunch sooner than we think.