5/6 Finally, the Republicans take my advice and leave my Medicare alone :) Backing off of the Medicare decimation bill, Republican leadership leaves pretty much every GOP representative free to dangle in the propellor wind from the inevitable attack ads that will be swooping their way like blackhawks in the moonless night. :)
5/6 Meanwhile the commodity bubble continues a glorious burst. The fun here is the good news for average American at the expense of the rich guys who speculate selfishly:
5/6 Job report is good. Equity market reacts well so far today: http://money.cnn.com/2011/05/06/markets/Markets_newyork/index.htm
(even though the unemployment rate gets higher as more people seek jobs feeling like they might snag a few, the job numbers are higher than expected)
5/6 Republicans to take down economy we have salvaged. The treasury is force to make moves that will hurt the economy in stages to avoid the worst case scenario of the spector of bankruptcy the Republicans seem so fond of: http://www.huffingtonpost.com/2011/05/04/debt-ceiling-treasury-slgs_n_857238.html?utm_source=DailyBrief&utm_campaign=050411&utm_medium=email&utm_content=NewsEntry&utm_term=Daily%20Brief
5/5 Commodities bubble finally bursts. Great news for consumers about inflation. Oil dips for a second below 100 dollars a barrel. All this from heightened margin requirements on silver. Awesome.
5/5 Geraldo breaks news of Bin Laden first, worries about his career while breaking the news (channeling the empty vault of years past) then proceeds to report incorrect accounts of Osama being killed by a bomb weeks ago, high fiving his guest. Happy days, good times. :) Meanwhile Fox News leaves an edited version of the hilarity up as proof they first broke the "news," I watched the edited version that night. But the more telling version is this one: http://www.youtube.com/watch?v=xPrtA7e6pW4&feature=related that shows the great speculation about Libya long beforehand. Missed it by that much.... Fox edit: http://video.foxnews.com/v/4671809/geraldo-happy-days-everybody