Early morning thoughts

(Reuters) - Protesters shut down operations at Oakland's port and blocked traffic on Wednesday in demonstrations against economic inequality and police brutality that turned tense as the night wore on.

I told a friend of mine some time ago that this is exactly the kind of things we should be worried about.

The rising unrest across the country - and the world - is a clear statement that our leaders have failed us.

Somehow the policies that have been followed have been tragically wrong -- and the outcome is high unemployment. And when there are many people out of a job the social fabric breaks down.

Maybe, I say maybe, everybody should stop campaigning and show they are aware of what really is going on. And give a sense to the people they are doing something about it.

They seem to like meetings - like the G20 meeting in Cannes today - but nothing keeps coming out of them.

The markets are winning, unveiling the incompetence of the bureaucrats in making timely decisions. And no one seems to be at the helm.

More details in my The Peter Dag Portfolio and my free educational videos on www.peterdag.com.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

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