And see those pocket aces

I forgot how much fun local radio can actually be.  I drive the husband's car as the station car and it does not have Sirius in it so I listen to the local stations.  It is mostly top 40.  There is some good stuff out there but the station always plays the same songs every day.  I have to admit though that Dev's "Dancing in the Dark" s a great song.

Libya is not a victory for President Obama in way whatsoever.  It is a European victory plain and simple.  Actually it is really a Franco-British victory with the French leading the way.  I imagine tour President is smart enough to realize this and that is why it gets little air time from him and the White House.

So RTRSY is running a story about Athens changing the laws so that any bond holder who does not tender their bonds voluntarily for the 50% haircut will be forced to take the haircut.  Hmmm, to me that sounds like a non-voluntary haircut which is a default even by ISDA's lax interpretation of things.  IF those CDS are triggered we will have what is technically called a "shit storm" in the markets.

Speaking of Greece I gotta think that at some point a thing called national pride kicks in.   Don't laugh, just because they are in hock does not mean they don't have any pride.  With their Prime Minister getting "summoned" by France and Germany and being told they have no other way out they could very well decide to flip the bird and say yes we do have another way out; it is called the drachma....

Hit the gym this morning and orange Nikes was there again.  Started the day right.

So we live right between an Ivy League school and a state school.  I told the husband we need to get some local college regalia.  I was thinking the state school and of course he went and got the Ivy- clearly opposites do attract.