"Texas Gov. Rick Perry turned his rhetorical fire on Federal Reserve Chairman Ben S. Bernanke here Monday night, saying that the chairman would be committing a 'treasonous' act by ordering the printing of more money." —That would the same Texas Gov. Rick Perry who suggested that his state could secede from the union during his 2010 re-election campaign.

Let's talk money: Everything's going crazy! The White House today announced that "U.S. unemployment would be higher and the budget deficit larger than previously thought," to the tune of $9 trillion, or $2 trillion more than previous estimates. The new numbers are in line with earlier estimates by the Congressional Budget Office, which will give its own revised figures later today. Meanwhile, President Obama indicated that he will give Ben Bernanke another term as Chairman of the Federal Reserve, because he wants to keep intact the team that saved us from another depression and the last thing he needs right now is a tough confirmation battle.

Good news! "The U.S. recession appears to be losing steam, with growth likely to resume later this year on the back of firmer household spending, a bottoming housing market and an end to inventory liquidation, U.S. Federal Reserve Chairman Ben Bernanke said Tuesday." Of course, there are a couple of caveats. This recovery will not be as quick as previous rebounds, high unemployment will continue to persist, and don't even ask about the banks, you seriously don't want to know. Other than that, though, woo hoo, everything's going great!