Time to Check the Santa Index?

The latest surprise victims of the recession: Small-town Santas.

The latest surprise beneficiaries: Internet psychics.

Incidentally, consumer confidence has fallen to its lowest level ever recorded.

Why ask for toys from Santa when you’re asking a psychic about your chances of getting a pink slip this quarter?

We’re used to watching the TED spread as an indicator of economic health. Maybe we should start checking the Santa spread.

Walter G

Le us all hope that this ridiculous tradition of materialism is once for all laid to rest.