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Tuesday, January 27, 2009

Assorted News

Not many huge stories these days. Here are a couple that are interesting:

Consumer confidence is as low as it's ever been. That's probably to be expected, though the effects are brutal. Consumers seem to be acting counter-cyclical to how they should for the economy , which is to say they're hoarding cash when it's bad and borrowing too much when it's good.

Mr. Obama and the Republicans are playing nice so far. They may have found a common enemy in the hard left of the Democratic Party that is in power now.

Apparently drug money saved the world banking system.

As always Becky is speaking up for liberty.

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