Leviathan

(1) What are governments for? (2) King Abdullah needs at least $88 a barrel. (3) Food and fuel subsidies are on the menu again. (4) Oh no, another record budget deficit this year! (5) Fed financed 70% of federal budget from Nov-Mar. (6) Thomas Hobbes was right and wrong. (7) Both sides agree that deficits need to be cut by $4 trillion. Disagree on how to do it. (8) Growth vs. Value Valuations. (9) Retail sales fall flat, as retail prices surge. (10) Still recommending market weight for Retailers.