11/19/07

Economics

fiscal profligacy (Government spending as a percent of GDP is too high and the looming explosion in entitlement expenditures will make it worse. There is no good solution save spending discipline.). More on our pork driven legislators:

http://www.clubforgrowth.org/2007/11/operation_airdrop.php

http://www.clubforgrowth.org/2007/11/pork_still_reigns_supreme.php

a rising tax and regulatory burden (Government has never proven that it could solve economic problems efficiently or satisfactorily.) Some observations on the death tax:

http://article.nationalreview.com/?q=ZmZiYjliYjdkMjI1OGNjYjUxYjY4ZGFkOGIwMTQ0Y2Q=

protectionism (Free trade is a major positive for world and US economic growth.)

http://www.realclearpolitics.com/articles/2007/11/american_workers_and_families.html

Politics

What we have to be thankful for, from a Brit:

http://article.nationalreview.com/?q=OGQwZTI2NDE0OTg4YWQ5NzZjOWRjNjg5NThjOGEyM2Q=

Domestic

International War Against Radical Islam

The Market

Technical

Fundamental

The Dividend Growth Buy List

Company Close 11/16 Buy Value Range

Johnson & Johnson $67.75 $60-69

Abbott Labs 55.21 51-59

Illinois Tool Works 54.45 53-61

MDU Resources 26.62 25-29

Canon 48.91 47-54

3M 81.57 78-85

Eli Lilly 51.81 49-53

Graco 36.93 37-41

Canadian Nat’l RR 48.48 47-52

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