Dateline Normal: Fear of Too much Government; Too many capital gains; And the Boogey man too---FICTION

Well it has been disconcerting. All the news of the financial markets. I have been reading (click on the post) that our outgoing President, President Bush, midst the financial crisis and the calls for regulation of our derivitaves market, otherwise known as the "gamblers"---our President has warned us of having too much regulation and also of the greatest of all evils---the fear of capital gains taxes.

As I always do, when questions arise, I give my old friend Herman a call ---he is a lawyer. He knows the law. He should know.

"Herman, what kind of a guy would be terrified of capital gains at this point of time, and also terrified of some market regulation?"

Herman let out a huge bellylaugh.

"Wolfman( that's what he always calls me.) You can always tell a guy who has had his finger on the nuclear trigger for too long. All the fears get mixed up. It clearly is time for our dear President to move along to another occupation....."

Nobody in American has capital gains except the short traders, and maybe some of those guys who got bonuses for driving their banks bankrupt----And nobody is really afraid of the coming regulation except those who have preyed on the innocent---let's hope they are afraid of some regulation---that is a good sign. "

It sure is good to be back in good old Wisconsin. Where the gains we are worried about are in football.....and the only changes in regulation are in the football conferences.....It is really kind of a world all its own.