9. Time to do something about gas prices. That means lifting the restrictions on offshore drilling and opening up Alaska. Environmentalists are quick to blame rising prices on unnaturally high levels of oil speculation, but that simply isn't true. As far as we know, greedy investors are not stashing huge physical quantities of oil, pushing oil prices up. Instead, firms are more active in the market for oil futures. By buying oil for tomorrow today, firms are minimizing their risks and lowering expected costs. Any anti-speculation legislation will negatively affect the market for oil futures, adding risk and costs to firms. This is bad news for our already shaky stock market.
8. Danilo Gallinari went scoreless in the first half of his unofficial Knicks debut in Las Vegas and is currently battling a sore back. Expect a painstakingly slow transition to NBA-pace basketball.
7. It's the all star break and the Yankees are 50-45, 6 games behind Boston in the AL East and 5.5 games behind the WC leader. With some more consistency there is no reason they shouldn't make the playoffs.
6. If Chase Utley wins the NL MVP this year it will be the 2nd time in history that 3 different players from the same team won the MVP in 3 consecutive seasons. Also, Ryan Howard is the first player in history to lead his league in HRs and RBIs and not appear in the ASG.
5. Favre needs to retire. There's a reason EA waited till he retired to put him on the cover of Madden.
4. Barack Obama will be the next president of the USA and his plans to do negotiate with Iran on the "highest level" will solve all of America's problems.
3. Interesting stat: The unemployment rate among people with a bachelor's degree in the US is 2.2%, well below the overall national unemployment rate of 5.5%
2. Kobe Bryant is not MJ. And he never will be.
1. AYO queens get the money.
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