weekend update

Jan. 10, 2010—The Beijing leadership clearly understands that the ET—Energy Technology—revolution is both a necessity and an opportunity, and they do not intend to miss it. We, by contrast, intend to fix Afghanistan. Have a nice day.—Friedman NYT WK 10
--...aides were worried abut Ms. Palin’s grasp of the facts. She could not explain why North Korea and South Korea were separate nations, and she did not know what the Federal Reserve did. She also said she believed that Saddam Hussein attacked the United Stateson Sept. 11, 2001. NYT 27
January 9, 2010—On “Good Morning America” on ABC Friday, the former New York City mayor, Rudolph W. Giuliani, stated that “we had no domestic attacks under Bush; we’ve had one under Obama.” ... the interviewer, George Stephanopoulos, let Mr. Giuliani’s assertion go unquestioned. ... Some [Giuliani critics] tied it to a remark by the former Bush press secretary, Dana Perino, who said on the Fox News Channel last November, “We did not have a terrorist attack on our country during President Bush’s term.” NYT B2
--The right has seen the enemy, and he is the future.—NYT A17
January 10/11, 2009—Banks are boosting their lending to hedge funds and private-equity firms to levels unseen since before the financial crisis, raising their risk levels and adding fuel to the buying power of key players across the stock, debt and buyout markets. Banks and investment banks .. are offering levels of borrowing—known as leverage—that they haven’t providedin more than two years... WSJ B1