- It's been a rough week. Major indexes down 6% for the week. The SP500 is now near levels last seen in 1997. The government seems floundering to do something (anything!) to fix it. There was talk today about nationalizing the banks, later nixed by Obama. Paul Volcker sees greater global regulations coming. Yet, it one has to wonder that if the government, which got us into this mess in the first place, can resolve the economic issues with more of the same.
- But it's friday. And that means Numb3rs' Navi Rawat is here to take our minds off these troubling times. If just for awhile.
- 86-year old Nebraska woman receives $1000 phone sex bill. The family of an 86-year-old woman who was billed for over $1,000 in phone sex calls suspects identify theft. Well, that's always a good thing to blame it on. Fraud! Fraud! (Make sure to have your cell phone set on silent while claiming fraud.)
- Babygloomers. Some kids are having to support both their parents and their children.
- Activists shocked at Secretary of State Hillary Clinton's comments on China. Amnesty International and a pro-Tibet group voiced shock Friday after US Secretary of State Hillary Clinton vowed not to let human rights concerns hinder cooperation with China. Nor global warming concerns, I'd bet. It's easy to take a populist stance during the campaign season, but quite a different task to pull it off in the real world.
- The crisis in the on-deck circle remains the same: Energy. Yes, we're having a brief respite. But nobody is planting any new oil trees out there. Obama should not delay offshore drilling.
- Nuclear power would be nice, too. I think windmills and solar panels make for nice promises during campaign season, but now we're in the real world and we have to build what works. Say, can we put Hillary Clinton on this one, too?
