Events

Well, maybe the Republicans who predicted market Armageddon over the weekend were right. Even though the markets went up on Monday and Tuesday, this morning they have, indeed, collapsed. During the first half-hour of trading this morning the Dow has lost 24, the NASDAQ 10, and the S&P 4. Points. Meaning, 0.23%, 0.4%, and 0.3%, respectively. Yes, the markets have spoken. They just haven't said anything about health-care reform.

Via Andrew Sullivan, a 185-voice virtual choir:

The Inner Drive Technology World Headquarters now has a bigger desktop: 2400 pixels wide and 1920 pixels high, baby. Kewl.

President Obama signed the health-care reform bill just now. It's law. So the U.S. now has a health care law with as much charity and compassion as, say, the U.K.'s circa 1950. And still no stock-market crash. How about that.

HBO

Yesterday some of my classmates fretted about how the stock market would collapse today because of health care reform passing the House. Yawn. With half an hour to go, the NASDAQ, DOW, and oil are up; bonds are down; gold is down. All the indicators are within 1% of Friday's closes. What a disaster: Conservatives and Republicans today suffered their most crushing legislative defeat since the 1960s. It's hard to exaggerate the magnitude of the disaster. Conservatives may cheer themselves that they'll...