Sunday Reading

The NYTimes has an article about "overseas investors" coming in to buy US assets at record levels during the economic distress and hideously weak dollar. The interesting bit to me was the discussions of the "sovereign wealth funds," the governmental monies of China, Saudi Arabia, etc.

Also in the "look what we're paying for" category, Saudi Arabia is taking their oil money and building new cities. (New cities!)

And in the WaPo, a revealing look at how the Bush administration is conducting its lame duck foreign policy like a fire sale.

("I'm your best friend; you are not going to get a better deal than with me in office," was how one official familiar with the meeting described the message Bush delivered at Olmert's residence this month.")