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.