THE CALCULATIONS

Markets look like they are set to give back lots of Friday's gains early Sunday night with the DJIA futs -200, SPX -21 and NDX -30. I suspect folks aren't happy that a deal has yet to be finalized between Treasury and Congress.

Also, not sure most folks realize the cost of the plan- $700b sounds ok but when it gets broken down - about $2,300 for each U.S. citizen and to go a step further- the debt ceiling is being upped to $11 Trillion or about $37,000 for each citizen - or over $100,000 for the average US family.

Staggering numbers especially considering every strategist involved in markets says "we have to cut taxes" in addition they say "don't have any credit card debt"- makes one go hmmmm as top executives of these financial institutions that made this mess get to keep their money and we taxpayers get stuck with the losses from their quality decisions.

And what is going to be left when we all have to pony up for the grand decisions at Ford and GM?

Some anecdotal research this weekend- out in "the hamptons" driving from Southhampton to East Hampton via Sag Harbor- just about every house we passed was for sale.

Also did some Sarah Palin research this weekend and a little surprised by her adventures in acquiring her Bachelors degree:

Hawaii Pacific College (one semester);

North Idaho (Junior) College (two semesters);

University of Idaho (two semesters);

Matanuska-Susitna College (one term);

University of Idaho (three semesters);

She started her journey in 1982 and finished in 1987 with a BS in communications-journalism - four different institutions over 6 years .

Not sure that those are characteristics of someone who I want to be a heart beat away from being the leader of the free world. A stand out student is probably a good thing for that job.