Our guess is that Greenspan will try to leave his successor with as clean a slate as possible, both in terms of policy buzzwords and in terms of implied policy guidance.

The pension system, collectively, has been just slammed on the low yields.

They already own lots of bonds with low coupons and those coupons won't automatically reset.

We have lost one of our true oak trees. He will be greatly missed but he has left a living monument of trees all over McLean.

When we have downed our last tree and paved our over our last stream-bed, we will have destroyed the reason we all want to live here, and there goes your real estate tax base.

Knowing Bill Snyder and the disciplinarian he is and the approach he has, yeah, I think he will bounce back, ... And he doesn't have to be real good to be pretty good in that North.