Christmas Day Open Thread

http://newsdoors.blogspot.com/2012/12/christmas-day-open-thread.html

Christmas Day Open Thread

To some, such as those few whose daily net worth is still a function of the policy vehicle formerly known as the 'market', it is a merry Christmas (at least until such time as the recoupling between central planning and reality once again inevitably occurs). To others, such as the 50 million (by now) Americans on food stamps, and billions of others around the world living in conditions of poverty, it is not so merry. But no matter one's current state of one's mind, there is always hope that the future will bring better days: after all that is what reflective holidays such as today are all about. We too hope that there is hope, if at the same time realizing that ever more of the promise of the future is packaged away in chunks of debt and securitized in order to fund an unsustainable present. We open up this thread to readers to share their hopes and concerns about the present and the future.

But before we do, we wanted to share a brief blurb from the Mises Institute on the "The Christmas Truce of World War I"

http://newsdoors.blogspot.com/2012/12/christmas-day-open-thread.html