Quick Hits

1. Tom Delay is appealing his 3 year jail sentence.

2. WikiLeaks releases leading to Tunisia Revolt.

3. China imposes 25% tariff on US imported goods. USA tariff on China is 2.5%. The head of the party is visiting our head of the party. I wonder if this will come up at dinner?

4. Regulatory reform is being setting up for another financial collapse/bailout by the people making the reforms.

5. States are facing Bankruptcy. Some, including California are making budget cuts - but not Illinois. Illinois cousins and cronies raised taxes, as their credit rating was about to be cut. They have YET to make any program cuts.

Just a couple items I'm keeping my eye on.