Everybody knows it's coming - Deficit commission chair Erskine Bowles and Alan Simpson call our coming collapse "The most predictable economic crisis in history." The canary in the coal mine is that big investors like Warren Buffet are edging away from U.S. bonds.

In other economic news, President Obama has called a press conference tomorrow to talk about oil prices. My prediction: he's going to say the Commerce Clause can force Americans to buy a Chevy Volt.

More - Congressional Democrats to Obama on the budget: "Are you gonna do anything?" Obama: "No time! Gotta give my big speech on bullying."