Federal Reserve Chairman Ben Bernanke described a less than thrilling outlook for the U.S. economy yesterday, and analysts cite the fear of a “fiscal cliff” coming next year. This “cliff” consists of a series of governmental spending cuts and tax increases both due at about the same time. One wonders if internally, Mitt Romney is doing the Snoopy dance.

Events in Syria continue to deteriorate, as a top defense official and the brother-in-law of President Assad were killed by a suicide bomber. Foreign Policy continues to simmer behind the economy in the pecking order of campaign issues, but keep an eye on it.

And finally breaking news – Mitt Romney has not announced his running mate yet, but may this week. Or next week. Or after the Olympics. Or at the Republican National Convention. Certainly by then. Absolutely. I think.