Thursday, March 19, 2009

NPD 3.19.09

*The Treasury Department is giving $5 billion to auto parts dealers who are struggling due to the problems of the Big Three automakers. This is a piece of the argument in favor of auto bailout coming to fruition.

*This is whacky: A school in Dallas was settling disputes in "the cage" by pitting feuding students against each other in a bare-knuckle fight inside of an equipment cage. As Jon Stewart said, "This can't be right."

*As the dollar weakens the price of oil goes up, today rising 7%. Is this a harbinger of what is to come this summer?

*The NCAA basketball tournament started today and my bracket didn't fare so well. With only one big upset--Western Kentucky over Illinois--those of us that predicted a wild ride were on the outside looking in.

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