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Hi. The demise of immigration reform, the rising tensions between Congress and the White House, the nervous jitters on Wall Street, and the long-held dream of a middle-aged geek (a Led Zeppelin reunion?) are the topics today.

Immigration reform  is now clearly, most sincerely D-E-A-D. BullDogPundit takes a victory lap.   Ed Morrissey muses on what to do next.   Patrick O'Conner says the GOP is official breaking up with Bush over this.  And Josh Marshall notes the President's tone in conceding defeat.

The White House is refusing to cooperate with Congressional subpoenas   Andrew Ward has some analysis.  and Glenn Greenwald writes about how much we don't know about the administration's eavesdropping program.


Cheney in the spotlight: Bruce Fein, a former Reagan Administration Justice Department official and rock-ribbed conservative says the Vice President has run amuck and must be stopped.

Andrew Leonard writes in Salon about the current chills Wall Street is experiencing in the wake of the implosion of two Bear Stearns hedge funds. And NYU economist Nouriel Roubini pronounces the outlook for the financial markets and the real economy "fugly and fuglier."  But Steve Chapman thinks Americans' economic pessimism is delusional.  Bloomberg columnist Mark Gilbert has more on those Bear hedge funds, and raises the question of whether the entire derivatives market is nothing more than an elaborate confidence game.  And leave it to the cinematically named Ambrose Evans-Pritchard writing in the London Telegraph to invoke the D-Word.  But hey who's worrying? The Financial Times writes about how the "mega rich" are leaving the "merely wealthy" in the dust. 

Adam B at Daily Kos takes a look at today's Supreme Court decision on school desegregation.. which the Court says does not overturn Brown v. Board of Education, a contention Justice Stevens seems to disagree with in his dissent. 

Your Wall Street Journal might be a little thin tomorrow -- reporters didn't show up for work today in protest of the looming takeover of their parent company by News Corp's Rupert Murdoch.

Disappointed by this summer's crop of movies? Slate looks ahead to next summer!

And the Spice Girls are reuniting? Feh. Now THIS is news!!