I just returned from the 2010 Agora Financial Investment Symposium in Vancouver, B.C. This year's theme, “Assault on Enterprise,� provided a fascinating context for a wide range of investment insights and recommendations.

According to many of this year's presenters, the assault on American enterprise is intensifying. Because the government has been overpromising, overcommitting and overspending for decades, it is hurtling toward a fiscal train wreck. The numbers have stopped adding up. Looking out, there's NO WAY that most Western governments can ever pay their ongoing obligations or pay off past debt. But that doesn't mean that governments won't try to maintain their expensive and intrusive invasion of the private sector.