The Government Bubble Heads for a Blow-Off Top

While this might be a terrifying period for anyone remotely interested in living their own life, there is much reason to be hopeful. Like any bull market, government is experiencing a blow-off top. The curve has bent straight up, with nary a short to be found in any political party or in any bowling alley or church social. Americans have convinced themselves that government either "should" or "must" do something about absolutely everything. We should expect the run to pick up speed, as government invades every aspect of our lives. Never before -- not even in the most barbarous ages -- has government made such enormous claims upon the life, liberty, or property of its subjects. Medieval serfs were taxed less. Ancient slaves were freer. Not even the brutal Romans killed with such efficiency and on such a scale.

Tom Mullen says the government "bubble" cannot last forever and that, in fact, its days are decidedly numbered.