As I sit here in the bar at Snowbird, many things come to mind:

• Isn't it amazing that Utah Hwy 210 (aka "Little Cottonwood Canyon Road") is the most avalanche-prone road in the country, despite being only eight miles long?
• Isn't it even more amazing that I've never been caught in one of them? (And yes, I'm one of those nuts who sometimes wears an avalanche beacon in the car...)
• How is it that Larry Kudlow can go on TV every day and sloganize the benefits of free-market capitalism, then simultaneously demand that the government and it's agencies -- like the Fed -- do something to save the economy? I thought the idea of a free market is that the government butts out?
• What is it with me and female river guides anyway?
• Does anybody really believe that Angelo Mozillo didn't know exactly what he was doing when he sold all that Countrywide (NYSE:CFC) stock?
• Why don't any of my friends in LA want to ski when the conditions are so good? Do I need new friends?

-btc

Can't help but point this out after hearing Larry Kudlow yap on again and again about how the "Goldilocks Economy" is alive and well.

Let's remember, that Goldilocks was a thief who was breaking and entering to steal somebody else's food.

The owner of the food that was neither too hot nor too cold was a bear.

So maybe, just maybe, being a bear isn't all that bad an idea if you're looking for something that's "just right."

-btc

“No compelling evidence exists to suggest that any conventional or complementary intervention is effective for preventing or treating alcohol hangover."

- British Medical Journal, 2005

Thanks to Barry Ritholtz for this gem.