I’m also pleased to report that the Korean won has regained some ground from its horrific skid last week, though not enough to be out of the woods just yet.
Today it closed at 1240 per US dollar, although that was a slight fall after four straight days of gain following last Thursday’s low.
Better. But I’m not planning to make any wire transfers this month, regardless … the bailout news has set a relative calm over the tides for the time being, so I plan to wait until next payday (coincidentally, the day after Election Day in the US) and see what happens.
You never know – everyone might just come to their senses for a bit.
Okay, I know I’m a day or two behind on this, but it’s worth posting anyway … just because it’s so telling.
The “Troopergate” report finally came out, despite all attempts to stop it. The Alaska Legislative Council charged with the task (comprising mainly Republicans, by the way) voted unanimously to release it.
Finding Number One?
“For the reasons explained in section IV of the report, I find that Governor Sarah Palin abused her power by violating Alaska Statute 39.52.11(a) of the Alaska Executive Branch Ethics Act.
“The legislature reaffirms that each public officer holds office as a public trust, and any effort to benefit a personal or financial interest through official action is a violation of that trust.”
Miss Wasilla’s response, during a brief, phoned-in Q&A with the local press:
“Well, I’m very very pleased to be cleared of any legal wrongdoing … any hint of any kind of unethical activity there. Very pleased to be cleared of any of that.”
And there you have it. Black is white. We told you so, after all.
The much-admired and praiseworthy Mudflats has the story here, for those who want a lengthier and wittier angle on it with local color thrown in. Alaska politics can be pretty darn amusing on its own, but it’s even better when told from underneath the pile. 
