Why Mila Kunis? Watched Forgetting Sarah Marshall this weekend. I liked it. Pretty silly. When a joke didn't work, you just waited for the next one. Also watched Speed Racer, which sucked. Yeeeeeesh.
So what have we today? Gloooooooom....
- Interesting table that shows the components of the stock market decline. It compares the Great Depression, the dot-com bust, and today. Good read.
- The next stimulus package? Cheaper oil (and gas prices)! From Calculated Risk.
- Greg Mankiw wonders, have we learned enough? But have we learned what caused the Depression of the 1930s? Most important, have we learned enough to avoid doing the same thing again? Not if Obama is planning on raising taxes and shutting down free trade.
- The woman who called Wall Street's melt down. Star bank analyst Meredith Whitney says the economy is about to sink into a deep recession.
- I was thinking about government tax revenues for the next couple of years. In addition to stock prices collapsing, real estate prices have collapsed. Where will the tax revenues come from to pay the ever expanding list of social programs?
- Remember the rumors of a Steve Jobs heart attack? They caught the guy. An 18-year old!
- Spending stalls and businesss slash jobs. Layoffs have arrived in force, like a wrenching second act in the unfolding crisis. In just the last two weeks, the list of companies announcing their intention to cut workers has read like a Who’s Who of corporate America.