The annual Odessa bird weekend found me on a cold December morning in a goose pit for four hours without firing a shot for the lack of birds, and all the while hearing the boom of shotguns rolling across the marshes and corn fields. I was envious of those duck hunters who clearly had better game.

The average bloke would think optimal hunting conditions exist at the S.E.C. and Department of Justice as they have a target-rich landscape resulting from Financial Bubble II. While the S.E.C. set its rifle scope on the leaders of Fannie and Freddie last week in anticipation of the 2012 election, the accepted view over at Justice is that prosecuting the failed Wall Street leaders would be as productive as mingling with me in a goose pit.

The targeted Fannie and Freddie executives were happily devouring their trophy earnings from the bubble years until the Occupy Wall Street upstarts embarrassed officials into belated action. Goldman Sachs alum Jon Corzine might also find his goose cooked for allegedly betraying his clients’ trust. Corzine’s apparent inconsiderate failure to tip his former US Senate colleagues – who are not subject to insider trading rules - about the pending demise of MF Global may further stoke the fires of justice.

Easy target acquisition in commercial real estate remains, like the Canadian Goose in the Delaware marshlands, wholly expected but not yet arrived. While the last decade had investors focused on population and employment statistics to target a region, today’s key indicators are more likely to be investment capital trends, such as investor sentiment favoring technology and healthcare industries, and robust financial statements of global companies with a local presence.

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