The staff of American Madness would like to thank the 
Vanity Fair Summer Guide
Outdoors bars (including rooftop bars) listed.
Jim Cramer: Market top indicator
Don’t get your hopes up. We’re merely in the eye of the storm. You don’t throw an economy as out of whack as we did (370% debt to GDP) and expect a year of moderate malaise to work it out, especially when you’ve paid the rent you couldn’t afford by borrowing more money to pay it! We’re in for some serious penury.
How else do I know? Well, Jim Cramer says in the latest NYMag that Helicopter Ben ‘We will not monetize the debt’ Bernanke has “averted the Great Depression Two.” That’s enough for me. Depression on! Read more »
There goes the (trust fund) neighborhood…
“Famed for its concentration of heavily subsidized 20-something residents — also nicknamed trust-funders or trustafarians — Williamsburg is showing signs of trouble. Parents whose money helped fuel one of the city’s most radical gentrifications in recent years have stopped buying their children new luxury condos, subsidizing rents and providing cash to spend at Bedford Avenue’s boutiques and coffee houses.”
Japan qualifies first
I’m not sure we’ve ever had a post dealing with sports, but I’m going to touch on a sport that is gaining popularity in the US while many people have active disdain or even contempt for it. I once read an opinion piece calling it an un-American sport.
We stand a few days more than a year away from kickoff for the 2010 Football (sorry…soccer) World Cup in South Africa. As I write this today, national teams around the world are playing qualifying matches.