The unseasonably cold, wet weather here in the Northeast saves money for some folks, and loses money for others.

Nouriel Roubini analyzes the recent unemployment data and concludes that the recession will continue into next year and unemployment will rise to at least 10.5% by the end of this year, with a further rise to 11% in the cards. Robert Reich believes that the old economy will not recover.

People with good credit cannot get a home loan anymore, just another example of the human tendency to run to an opposite extreme when a prior course of action, in this case, lax lending standards, proved disastrous.

Disillusioned environmentalists turn on Obama, just another example of the human tendency to believe whatever fits their preconceived notions, in this case the notion among environmentalists (and others) that Obama is 'their guy' when, in fact, he is a Chicago politician who will throw anyone under the bus when it suits his needs.

Peggy Noonan hopes Sarah Palin will go away, because she believes Palin is unfit to lead the GOP in the tough times ahead. I think she may be right about that.