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Morning Six-Pack: What we're reading Friday

Pete Marovich | Bloomberg | Getty Images

Happy Friday. It's a glorious pre-three-day weekend when some of us may consider an additional morning six-pack. For today, though, only one:

We're eagle-eyed Fed watchers here at NetNet,but we hadn't once considered the thought that appointing Larry Summers to the chairmanship might politicize the august central bank. Could we have been wrong? Oh, say it ain't so!

There's not much else to say here, except this is the single worst case of buyer's remorse we've ever seen regarding President Barack Obama.

With members of Congress just about ready to head back to the Hill after summer recess (seriously, did anybody notice they were gone?) the son of the sequester is about to land. Budget talks are breaking down, and a fiscal crisis looms.

The happy thing about the flagging budget talks is that liberals can be sure that Obama won't desert them. No…seriously.

Here's the latest austerity update: Unemployment in Europe is no longer getting worse.

And, finally ... it's tough being a parent these days, especially on those days when you have to sub for the tooth fairy. That task, reports CNBC.com's Katrina Bishop, now costs ... wait for it ... $50!!!

_ By CNBC's Jeff Cox. Follow him @JeffCoxCNBCcom on Twitter.

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