Friday, January 08, 2010

Friday Night Randomosity

  • Yunjin-Kim I see California is requesting billions from the US or else we’re kicking the poor and the mentally disabled out on the streets!  “It's time to enact long-term reforms that will change the way the most populous state and the federal government work together," Mr. Schwarzenegger said. He and state legislative leaders plan to visit Washington to lobby for bailout money. White House budget officials weren't available for comment on the governor's request.  Request, ransom demand, whatever - lets not argue the semantics. You get the idea.  Looks like the White House budget officials were planning on how to make the money drop.
  • The jobs report today? Sure, more job lossesHis agenda altered by the Christmas bombing attempt, President Barack Obama pivoted back to the domestic economy on Friday, promoting new U.S. spending to create tens of thousands of clean-technology jobs.  I think this should’ve been on his agenda MONTHS if not a YEAR before the Christmas bombing attempt.  Oh, and he mumbled something about “green jobs.”  Or clean technology jobs.  Or clean energy jobs.  Something like that.  You know the drill, make a speech every once and awhile and hope it all goes away.  In between bombings, I guess.
  • Well, the IMAX theater is sold out tomorrow for Avatar.  How bad is the economy really?
  • Even with the jobs news, US stocks hit 15-month closing high.  The DOW, anyways.  SP500 is at October levels.  I remain 100% long and trying to avoid the itchy trigger finger to sell stocks.  I don’t see a reason to panic out yet. 
  • Thank God the President won’t pre-empt the first episode of the season finale of Lost.  Rassmussen polls had the Democrats losing the Senate and House in 2010 if Obama dared cross Lost fans.  But White House press secretary Robert Gibbs assured viewers Friday that he "doesn't foresee a scenario in which millions of people that hope to finally get some conclusion in 'Lost' are pre-empted by the president."  Maybe Gibbs should’ve prefaced that with the bad news being more folks are losing their jobs, but the good news is that it doesn’t mean they have to miss Lost.
  • Yes, Lost’s Yunjin Kim pictured.
  • That’s it.  I hope you have your fantasy football playoff entries in!

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