Gotta read.

-Wow! The unemployment rate dropped to 8.5% in 12/11. Only 372K filed for unemoloyment benefits, BLS post prediction was 376.25K, they did it again! Only 50K dropped from the work force last month to be added to almost 16% unemployed, underemployed or just gave up folks. If one could add the dimensionless cottage industry losses, it's about 25%.
-pp announced a new military manning profile for the future. That be downsizing the Army and Marines to be able to only fight 1 1/2 wars at a time. What? Focus on the Asian-Pacific, pull troops from Europe, EU will have problems with that. AF and Navy staffing to remain as is, for now. Cut production rate for the F-35 aircraft. Oh yes, cuts in vet retirement and health benefits, which should enhance new GI enlistments! Here is the kicker: pp gets credit now for cutting spending, but one small fact... it don't go into effect until 2015. Big campaign issue, feel good now, the pain comes later.
-Californians finally come to realize their hi-tech, high speed rail system aint' gotta happen, because there is no long term source of funding for the $90 B needed to start the program. Hello Cincinnati, lets look at the low-tech street car plan that goes nowhere. Just maybe the funds could go to something less a novelty.
-Another industrial giant about to go Chapter 11...Eastman Kodak.
-Alaska seriously considering selling natural gas to Asian markets. Go for it, pp hates anything not green. Canada to do the same with oil, if pp and the LDP evironmentals continue to stall on the Keystone Pipe deal. Big Labor wants this pipe line as much as America needs it for national defense, screw the Arabs and Hugo.