Dollar sinks to a new low against euro (.66).

A new ice age upon us?

Oil is at a new high.

And despite the (bad) news, somehow Wall St. DJIA is up again. Is the PPT in action?

The next bubble: alternative energy? Nah, not sexy enough. Not feasible either.

Analogy o’ da day (On the monoline/duoline bailouts by banks):

This is like you getting into a car accident, calling your insurance company, and having them tell you that you need to loan them some money in order for them to help you out.

Beggar nation? At what point do beggars realize that big daddy ain’t got no more no more?


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