- So the market close today is exactly the kind of thing I don't like to see. Selling into the close shows me that money is sliding out of this market. Lets say it all together now (gulp!): Distribution. Feels like the buzzards are circling.
- Democrats are urging ABC to pull their 9/11 movie this weekend. Chronicling events leading to the September 11 attacks, the movie suggests the Clinton administration was too distracted by the Monica Lewinsky sex scandal to deal properly with the gathering threat posed by Islamic militants. Well, the Republicans were the ones making a big deal out of the sex scandal. Hindsight is so 20/20. I'm sure plenty of mistakes were made by all. Both sides of the political aisle are too busy attacking each other instead of working together to find solutions for bigger issues. IMHO, of course.
Not too many folks have even seen the 9/11 movie, yet the critics have weighed in! I have zero plans on watching it, because LETS BE HONEST, the NFL season kicks off this weekend and no way in "H-E- double hockey sticks" am I going to watch a made for TV movie. I don't own an HDTV big screen television for THAT. Sorry. Nope. Not gonna do it.
- More on the ABC 9/11 movie? Lets get down to tass bracks. The sunday night game is between Indianapolis Colts and NY Giants. Monday night has Minnesota at Washington and San Diego at Oakland. So scratch out the Minnesota, DC, and California audience. And anyone else in this country with fantasy football match-ups involving players for those teams. The ratings will be pathetic. It's not like you'd be missing Desperate Housewives or anything that serious. Folks will be watching John Madden (hat tip to Adam for the YouTube funny).
- Barry Ritholz wonders Where are the Trolls? after a couple rough days on the market. Its astonishing (but not surprising): Let the Dow rise 30 points on sub par volume, and they are out in full voice. Today, not a peep out of them.
- What's (not) the matter with the middle class? What's the matter with the middle class? Democrats like to pin their defeats on national security and culture issues alone, but the progressive economic message is also to blame. What progressives generally say about the economy is unrelentingly pessimistic -- stagnant wages, rising costs, overwhelming burdens of debt. It's a message that doesn't resonate with the middle class -- not only because it's overly negative (by itself political poison), but because it's simply flat out wrong. Interesting.
- Say it ain't so! Paris Hilton drunk driving? "I had one margarita (and) was starving because I had not eaten all day," she said. "Maybe I was speeding a little bit and I got pulled over. I was just really hungry and I wanted to have an In-N-Out Burger." Wasn't she in a racey Carl's Jr ad? I think she was. I remember "a friend telling me that he" went to the website to watch the extended Carl's Jr ads. Just saying, that's all.
UPDATE! ABC has caved in! ABC will edit The Path to 9/11 movie.