- So goes the year... The first five trading days was slightly down for the DOW, and slightly up for the SP500. Overall? Flat.
- Today? Big selling. Still have some time to go and we'll see if we get a lift in the final hour. More later.
- Kind of a lackluster college championship, but the Florida Gators pulled off the big win. They're probably happy they didn't have to play Utah...
- CNBC says that whenever Barney Frank speaks, the market goes down. LOL.
- But seriously, I think we'd all be better off if the government did less, not more. It seems that the more the government meddles in the economy, the worse things get.
- Employment is a lagging economic indicator, but things sure look bad.
- CA state and city governments are having all kinds of financial trouble. I wonder if the next thing to get a look at are public employee pensions. So next time someone blames Proposition 13 for the problems of struggling governments, that person is using the wrong "p" word. The correct word is "pensions." Read it. It's amazing how much taxpayers are putting into the pot for government workers.
