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The answer to the question above is: Much more than you think. Much more than they are reporting

A billion here,25 billion there.

Just another dumb program that puts cash in the big bank's pockets.

This story reminds me of the good old days. Deals get done for funny reasons.

This guy's been good.

There is no rule that has not been broken.

The water in the GoM is over 90 degrees. Usually that spells trouble.

Do believe this? How could you?

The Trust Fund report to Congress suggests that US payrolls are about to skyrocket. That is the least likely outcome. The rose is off the rosy report.

Washington is now in the business of spreading rumors relating to Wall Street. Just another example of how D.C. is taking the fun out of the game.

The report due out from the SSTF will get a lot of press. SS is up for cuts and this report lays it out. But we will get a "sunny" picture. What to expect:

One to watch today.

The EURDLR closed at 1.3225. Some blood on that price.

It was a silly rumor. At least I thought it was. Now I am not so sure.

Another well timed report from the CBO. This time they crap on those who have been advocating sustaining the Bush tax cuts. Funny thing is, if we do eliminate those tax cuts we are in for a hell of a recession come January. Is that a no win?