president obama gave a speech last night. here is the transcript. i've read through most of it and i agree with the assessment that recent ideological visions have favored short-term profits over long-term development. this is an american phenomenom. it wasn't just the goverment. it was all of us. but how do we fix our debt as people? we stop spending, we cut back. we try to earn more money from our employer, either through working overtime or getting an extra job. these same rules will have to apply to our government. they'll have to scale back spending or reallocate to satisfy spending needs. they'll have to raise more money, that means taxes. either that or print more money and debase the currency, which i don't think they'll do unless they have to. so i agree with obama about long-term planning, it's needed, it's necessary. but i don't understand how he's going to cut the decifit and give people a tax cut. i hope he can. i hope he's got something up his sleeve and is able to pull this off. i want to live in a country that has a plan again. that has a vision.
businessweek has a write-up of the speak and the main points and analysis. here it is.
charlie rose is at it again. here he is with morgan stanley's john mack.
ukraine's ratings cut by S&P.
mish on bernanke's hide and seek.
top 10 brands to invest in from yahoo finance.
michael cera is apparently on board for the arrested development movie. my dream is coming true.
here's a concert review of blitzen trapper in chicago. i love furr but it's slightly scattered. if those guys can focus on one sound, they're going to make some freakin' amazing albums. hopefully they come to texas, other than SXSW.
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