Friday, January 23, 2009

Finally, an optimist!

Don't let them fool you: opportunities are plentiful in a recession. Fortunes will be made buying distressed assets from distressed owners. Stronger manufacturers and service providers will emerge as inefficient ones find other things to do better.

And, on the flip side, big-government politicians will use general feelings of uncertainty to increase their own power.

South Carolina Governor Mark Sanford will have none of that, though. He says he is actually having fun right-sizing government in the current environment.