When there’s a big sell off in the financial markets like we saw last week, it’s great to hear from the so-called experts. There are always a few who got their MBA from the Chicken Little School of economics. They fear the worst; that a global economic meltdown is just around the corner and that American Dollars will be worth less than the Iraqi dinar in a couple of years, and our savings, our 401k’s, and generally, life as we know it, is becoming imperiled.

Then there’s the wait and see brigade. These are NY Fat Cats who’ve been using puts and calls to make money and everybody else’s misery - the folks who saw a down turn coming and shorted everything they could get their hands on. They put big money into trends based on real or perceived information. This is the same crew that likes to push oil prices up even when there’s plenty of supply coming from overseas.

The markets haven't quite responded bullishly to last week’s election. Even Mom and Pop investors who may not pay much attention to the markets from day to day are suddenly in the game wondering if what’s happening on Wall Street and 4 more years of the current administration will crush their retirement dreams.

On a scale of 1-10, this economy has been muddling along and seems to be holding around 5. Two of the nation’s biggest job machines - government and construction have been on the ropes since the recession began and millions are still out of work. Companies that have been looking lean and mean on Wall Street got that way by firing people and cutting out whole departments. And though they’re lean, you have to ask, who are they selling their products too?

Clearly the government can’t spend us back to prosperity. The Federal debt is now about equal to the GDP; the total output of U.S. goods and services.

One of the problems with Wall Street is it’s on Wall Street in NY. NY is unlike any other place in the country, if not the world. Even when the economy is bad, most New Yorkers can’t see it because it’s so big and so brash and open 24 hours a day.

But this NY approach is all wrong. It’s not the real world. So it’s time to move the financial markets. I’ve selected Lost Nation Iowa. It’s a community of 497 people but ready for growth. It’s literally halfway between New York and San Francisco. It has a couple of banks, lots of open space and it’s had push button phones since 1982, which should make the vast communication needs of these masters of the universe a breeze. And these savvy New Yorkers will learn some things like the cornfields aren’t the nice Jewish couple they met in the Hamptons but a place where Americans actually grow food.

Not sure if the Quad City airport can accommodate luxury jets and the other needs of the rich and opulent. Like call girls, limousines and cocaine might have a few pesky supply and demand problems during the big move west.