- Nice day in the market, as the economic data comes in better than expected. The SP500 is also defending the 50dma nicely. Nothing wrong with the rally, yet!
- Is Geithner counting TARP dollars correctly? GAO and the Treasury have different numbers. Nice.
- The Republicans propose to simplify the tax code. The GOP plan would offer a dramatically simplified tax code in which couples would have the option of a 10 percent rate on the first $100,000 of income, with a 25 percent rate thereafter, with the first $25,000 of income exempt from taxation. Single could get a $12,500 exemption and a 10 percent rate on income up to $50,000.
- New iPhone app from Major League Baseball (MLB at Bat 2009) that includes streaming audio from games. $9.99. Not bad, huh?
- Also, search for the DirecTV iPhone app. Yes, you can program your DVR from your iPhone!
- Sales tax went up a penny in CA today. Yippee. I think car registration went up, as did the income tax rate.
