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Took too much space

I wouldn't bet on the dollar . . .

. . . at least not in the long run.  I bid you welcome, my Chinese masters . . . (apologies for the free registration filter, but reading the FT is worth it, so just do it)

Never been a better trainwreck . . .

. . . back behind the woodshed.  

Gotta love how Stewart just eviscerates this guy . . . even if Stewart doesn't seem to understand the first thing about short-selling, hedge funds, CDS's or how any of them have anything to do with our pension plans . . . 

The state of our media

Not sure whether to laugh or cry . . . 

Being treated like grown-ups

Obama explicitly rejected some of the more egregious budgeting practices of his immediate predecessor. President Bush never included the cost of the wars in Iraq and Afghanistan in his budgets, for instance, opting instead to treat those military campaigns as emergencies and fund them off the books. He took a similar approach with the entirely predictable $60 billion it cost the Treasury for each year that Congress spared 20 million taxpayers the expensive bite of the alternative minimum tax. Bush also budgeted nothing for federal disaster response, though natural disasters invariably occur. Obama included all three things in his 10-year budget.

Read the remainder -- a new era.