A bailout for Europe! What about one for the United States? So, we help every country out when a storm hits, in earthquake rattles a nation, or when a war breaks out, yet no one is here to help us out? The reason our debt is this is high is because of over spending, wars, and bailing out the world.  If we base our premise on the fact that we have policed the world for decades than one might assume our debt is higher because of it. Is my line of thinking 100% accurate, probably not, but if is then we should let China take over as the police! After all, they are the brightest light, so let’s let them shine and spend the money they have in reserves.

Does anyone find it sketchy that China is buying up Portugal’s debt? When has China every helped another country out before; unless they either profit from it. They could be getting nervous that more countries could be defaulting over the next few years. If a number of countries cannot buy exports from China, than China could start their recession rather quickly. Please do not count a second recession out in the next few years! The debt crisis might be contained by then but the debt ceiling being raised, more money being printed, and a lack of education by leaders, could cause another recession.

Inflation is growing and this can be seen due to higher prices in fuel and food. The consumer is just getting back on their feet from the recession. The consumer is expected to spend to keep this country running and yet they are getting taxed more. Salaries need to rise to offset higher prices and higher taxes. Either way the government still gets their money and it allows the consumer to actaully breath. What do you think? Hopefully everyone learned their lesson and have stopped using credit cards as much. 58% of the Friday the 13th have been up over the years.

Rumors all over the floor of the CME Group have China finishing a deal to import another 1 MMT of US corn. This is in addition to the 1.25 MMT from early March.

The crop year is still in question but the trade acts like it’s old crop with CN-Z out to 55 again.

McDonalds and Dupont seem to be doing well financiallt today. While Citibank announced a 10 for 1 reverse split. This could mean the volume drops by over 80%. Lets see if the major sareholders dump the stock! Some traders are looking in healthcare stocks and realestate companies that have been supressed. Remember, even though 2 million housng units are in foreclosure and delinquincies are higher, these markets will be a buy in the not to distant future.