Rational expectations at work. http://bit.ly/dAUILj Probability Pot is legal up, price of pot down, illegal profits down, crime down. # That didn't work out very well. http://bit.ly/bp3b0C #

A sovereign debt crisis is in our future http://bit.ly/acIRki & http://bit.ly/a6lmpY Which country will be first? # Central Oregon jobless rate down, but only because of people leaving the workforce, or just leaving. http://bit.ly/bYneiz More job losses. # Joel Kotkin: Immigrants Key to Economy's Revival http://bit.ly/cTulNZ I think that's correct. # New piece . . . → Read More: Twitter Updates for 2010-03-25

Dumb headline of the day: http://bit.ly/dfPsAv Gas prices aren't driven by hope. # "..partisans are vulnerable to believing fatuous nonsense," http://bit.ly/bAd38n Well said, and it applies to both major parties. # Ventura County Bass aren't going to like this: http://bit.ly/aHr4w9 # Beyond statistics; condolences to the survivors: http://bit.ly/b5QVSC For many, recessions are beyond . . . → Read More: Twitter Updates for 2010-03-24

Money magazine forecasts big declines in home prices for some markets. http://bit.ly/at2Rmk # Prohibition's high costs coming to a neighborhood near you: http://bit.ly/aNL4wD Has time come to legalize, tax, and regulate marijuana? # This is not news, and age has nothing to do with it: http://bit.ly/alIpuL The Big Bopper understood. # Mankiw is . . . → Read More: Twitter Updates for 2010-03-23