WSJ - As millions of Americans take to the road for the holiday weekend, a humble highway fixture is under attack. Later this month, cash-strapped Virginia plans to barricade entrances and switch off the plumbing and electricity at nearly half its highway rest areas. Other states also are lowering budgetary axes on the public pit stops that have lined the interstate highway system since its creation in 1956.
Ok thats when I know things are really getting bad. Where else can you see the coolest things like this public grill at a Texas Rest Stop. What are we little people going to do. My wife and daughters heads will explode without rest stops (my sons will be fine any tree, bush, or bottle will do).
Looks like everyone ran out of acid today once the employment numbers came out. Hmm lets see, our economy is driven by 70% consumer spending, 7 million people are unemployed and not spending, the rest are scared sh*tless and not spending, thats not good. Duh!
The Dow dropped significantly below its 200SMA while the Nasdaq and S&P still hover slightly above. There was enough technical damage done today to fuel some good setups for next week so until then have a happy 4th and go buy something its patriotic!
