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Overall, a nice start to what will be a cool day for the time of year. Look now at San Francisco, its 54 degrees, highs today reaching 64 and 68 degrees in the east bay. Well have a chance of rain tomorrow, yes, i said rain, ill show you where and well take a look ahead to a sizzling weekend coming up. Mike is now tracking the worst drive right now. The worst of the bay. Look at this. This is san jose, lighter by comparison than normal wednesday. Looking at the maps, you see the slowing. There is the Silicon Valley, zooming out the rest of the bay looks good, right there, there is a crash working southbound, your three left lanes are blocked. Walk avenue, chp says, you are jammed up from davis treat. It basically is north and south of the area. Its an alternate for some. Consider that remember the rest of the bay moves very well. Again, there is that south bay. Pretty easy. Ba ....
The market plummeting instantly and the fed slowed down the bond buying . Some of the allegedly intelligent people have been yelling this from the rooftops for years and ive accepted it as conventional wisdom. Why did stocks rally beautifully on the news . That the fed is starting to cut back on all of that bond buying. The dow soaring, and the nasdaq jumping 1. 15 , simple. The fed knew what it was doing. Because ben bernanke knows what hes doing. Because in this case, the one rare case we are a part of the government than the people who trade stocks and bonds for a living. We might have to endure endless attacks from ben bernanke and the president and the policies that hurt growth. We can digest the endless slagging for creating balloons and the disciplines that so many idea logs, dogmatically think are right. However, in the end, though, and today is the end, the last meeting of the ben bernanke era, he got it right. It was the critics who got it wrong. With this rally in the face o ....
together they raise yet again the question of whether mitt romney has the judgment and character to be the president of the united states. this morning all of us were shocked to learn that chris stevens, our ambassador to libya, had been killed in an attack there, along with three other american diplomats, all murdered in what u.s. officials are now investigating as a possible terrorist attack on the anniversary of 9/11. while americans mourned, mr. romney saw a political opportunity. the administration was wrong to stand by a statement sympathizing with those who had breached our embassy in egypt instead of condemning their actions. in my view, a disgraceful statement on the part of our administration to apologize for american values. sympathizing with them all, apologizing for our values? this is rough talk and ugly stuff and president obama responded. there s a broader lesson to be learned here. governor romney has a tendency to shoot first and aim later and as ....