- $BAC (Bank of America) may need billions more. Pay attention. When a failing business model is given billions, it's still a failing business model. Watch the car companies, too. Just continuing to do what you're doing isn't "change."
- House Democrats almost finished with $850B stimulus bill. The overall price tag for the package is $800 billion to $850 billion, with $300 billion to $325 billion designated for tax cuts and $500 billion to $525 billion dedicated to infrastructure spending and aid to the states, according to a senior House Democratic aide. And hopefully, there is some money in there for mental health, to help out some of these American Idol contestants. Yikes!
- The picture is of Sparkle Nguyen. So you know.
- Is the danger ahead lower prices? But while many cash-strapped Americans would welcome paying less for what they need to buy, many economists now say the possibility of deflation, or lower prices, is the greatest threat to the U.S. economy. Yeah, just a few months ago they were worried about inflation. Keep an eye on all that stimulus (Obama bucks, Bush bucks, low interest rates, lower energy prices, etc.) Throwing trillions at the economy (stimulus) is not deflationary.
- The iPhone blog on Steve Jobs.
