A Few Quick Thoughts

1. The United States as a countercyclical asset by the irreplaceable Tyler Cowen. One of the best essays on US power I’ve read in a while.

2. Pop culture meme: From The Lonely Island featuring the stoically impressive T-Pain, I’m on a Boat.

3. Cautiously optimistic: Good news from Wells-Fargo and some positive economic indicators. Are credit markets thawing a little bit?

4. Gaffe prone Joe Biden gets rebuked by Karl Rove. Even if Biden is something of a blowhard, I have trouble believing anything Rove says. Ever.

5. Great lines from Thomas Pynchon’s novels here. Still plowing resolutely and happily through ‘Gravity’s Rainbow’.

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