I got into AZ today, and the weather is delightful. Sunny, and about 70 degrees. It's always fun to visit, although CB's working on a cold, and we'll just have to see if I come down with one as well . We've been pretty lucky in that regard so far.
He pointed out what by now has made the rounds so much that I won't link to it: the call-on-the-carpet of Jim Cramer by Jon Stewart of the Daily Show. We watched it twice today, and I have to say how impressed I am that Stewart gave voice to what so many of us are thinking these days. He took all of CNBC to task on this; Cramer was only the poster child.
I think Stewart's point was that CNBC is all about showmanship and tricks and gadgets, such that they weren't serving the regular investors out there whose 401Ks funded the unsustainable returns touted by some of these schemes. At any rate, Stewart got his points across with passion and he was articulate and just did a great job.
I have been trying to make sense of the economy these days by following Planet Money. It's a blog and podcast on NPR and recommend it very highly to anyone who wants to know how things could go so terribly wrong and shat can be done about it. Lots of good analyses with the lingo parts explained.