Cold!

Some more political news:
Edwards has left the race, leaving only Hillary and Barack. Not surprising. I AM surprised that he didn't endorse someone. Maybe if they pay some lip service to his populism he'll get on board.

Richardson is debating who to endorse. I think he is a natural Barack ally, but I also think that Clinton is much more centrist than many people believe her to be. Of course, he's been a crucial Clinton supporter in the past, as a former Clinton administration official.

Giuliani is gone. Who? His campaign has a moral:
1. Have some substance beyond a national tragedy. Especially one which highlights how little you did in your former post.
2. Don't pick one primary state - especially a winner-takes-all state - far into the campaign. You're going to get burned by a week's worth of momentum.
3. Don't hire Kerik.
He had a Cloverfield campaign. Lots of smoke and mirrors, but not much else.

In other news:
- You can now only dip once. Good news for chip fans, bad news for the rest of us. Dip is the best part of the equation. It's the ONLY part of the equation. Chips are just a tool used to get more dip to our mouths. Besides, Sienfeld SUCKS*! AGGHhh! (*See yesterday's blog)


- Growth slow in the fourth quarter, and the Fed is set to meet to discuss another rate cut. This is bad news, but our economy needs some time to restructure and gain some credit discipline. Beyond that, the weak dollar will boost our exports and maybe put us in the position we want to be in ten, twenty years from now. Or - maybe our economy is fundamentally strong. Or - maybe we're on a slippery slope downward, at least compared to the EU and China. If the economy is NOT fundamentally strong - then we need a reassessment, and a higher rate, so the savings rate increases and our fundamentally strong businesses survive. p.s., pay me in Euros.

+ Jersey Traditions and the gentleman quoted in this article (From NYT):
"'Once you start going to beefsteaks, it’s an addiction,' said Al Baker, a Hasbrouck Heights policeman who had organized the evening’s festivities to benefit the Special Olympics. 'You’ve got the tender beef, butter, salt, French fries, beer — all your major food groups.'"

I couldn't have said it better myself.