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Nuthin' but net

Hi. It's an economy edition today, with a lot of discussion on the Internet and in the papers about the GDP and the stock markets.

Huffington Post links to AP's story on Gross Domestic Product, the broadest measure of the economy which was revised to a scant 0.6% today.

Nouriel Roubini is a bearish economist who has taken a lot of criticism, including  being called an "economic Eeyore" as the stock markets have continued to rise. Today's GDP revision gives his views some validation and his readers more to talk about. (This is one blog where smart people regularly post comments. The comments section is almost always worth looking through.)

And speaking of the markets, RawStory links to the news that the S&P 500 hit a new all-time high yesterday.

Bloomberg analyzes yesterday's Fed Minutes and starts digging into role of the mortgage broker in the subprime fiasco.

Andrew Leonard at Salon talks about the incredible, undaunted American consumer.

And one more economic indicator -- the price of a prime ticket to see The Police at Madison Square Garden: (gulp) $11,500.

Politics: Ed Morrissey at Captain's Quarters muses about Fred Thompson. As does Glenn Greenwald. And here's Fred Thompson talking about himself.

And if it never occurred to you to set video of tornado destruction to music.. you're not alone. It did occur to the folks at National Geographic though!