.jpg)
The House and Senate have reportedly resolved their differences over the stimulus bill, which brings us to the interesting question: Which do you prefer, deflation or hyper-inflation? Yesterday the stock market expressed its displeasure with the whole thing, sending the averages down about 4%.
My friend Ron Overmyer, the editorial cartoonist of the long running Hollywood Dog cartoon strip, has summed up our current economic situation pretty well in his latest one-frame 'color' commentary. I characterize his cartoon as pick your poison because we got ourselves into this mess by papering over problems of the past, not solving them, and here we are doing it again.
This is my 800th post, so I thought I would have to mark the occasion with something very serious, and R. P. Overmyer once again supplied the kindling for my fire.
Before the bell: Futures sharply lower on Dubai's debt problems
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
