- Extremely fugly day on the market.
- The bank rescue plan detailed by Timothy Geithner did not provide vital details of how his plan will work. I'm not buying that. I think the market took a look at a solution of "spending money we don't have" as a continuation of what George Bush did.
- Wall Street isn't fooled by BS. The market is tired of the intellectual ether we're getting so far.
- Yesterday, someone asked President Obama about Vice President Biden's comments that whatever they (the Obama administration) do, has a 30% chance of failure. Cue the SNL skit: "Look, whatever we do, there's a decent chance it's pure crap. Completely worthless."
- A new Kindle book reader from Amazon will be available on February 24th. As I mentioned awhile ago, I've been using my iPhone to read books and such. At $359, I see no reason to buy a Kindle. But folks seem to like 'em.
- Did you see who was on the next Dancing with the Stars? Starts March 9th, FWIW.
- Tom Leykis: Folks the party is over. It's over. The party of spending, the party of going to Starbucks and spending $50 a week is over.