Optimistic Unemployment and Housing Market Forecasts Looking Silly Source: http://www.marketoracle.co.uk/
Economics may be the "dismal science" but economists as a group sure seem to be an optimistic lot. Yes, there are a handful of "doomers" like Nouriel Roubini but most economists did not see the recession coming until it was already 10 months old.

The recent shootings at the Binghampton immigration center in New York where hundreds of immigrants were studying to become American citizens by a rampaging gumman, and of three Pittsburgh police officers by a paranoid shooter were tragic.
Ries' Pieces: What is driving the iPhone hype?Source: ries.typepad.com
The hype and intense media, consumer and Wall Street excitement comes from the impression that the iPhone will become another iPod (it even has a similar name.) And that Jobs will do in phones (a market 4 times the size of music players) what he did in music.

As I sit here listening to the local classic rock station skimming the news, Led Zeppelin playing Stairway to Heaven, the kids in the other room watching Scooby Doo, I think to myself how happy I am to be home.
Pundits long on rhetoric, short on the facts Source: MiamiHerald.com
Don't read this column yet.
First, I want you to do something. Google ''Chris Matthews + Kevin James.'' This will bring up video of the latter, a conservative L.A. radio pundit, being questioned by the former last week on MSNBC's Hardball.
You must see this video.
Harkin: 'Maybe Limbaugh was high on drugs again.'Source: Think Progress
Today on the Senate floor, Sen. Tom Harkin (D-IA) condemned Rush Limbaugh's "phony soldiers" comment, saying that the radio host makes these "provocative things to make more money."