With apologies for the late post, here's some worthwhile weekend reading—

—What, Us Worry? L.A. has no long-term traffic plan according to a new report from City Controller Laura Chick.

— Clearly Broken. Hillary Clinton joins the crowd condemning the subprime lending market.

—The Spill-Out. Small businesses begin to feel the effects of a cooling housing market, and while New York's real estate market remains hot, Nicole Gelinas warns that Wall Street's increasing dependence on the debt market could hit New York City and State hard—

A slow unraveling could mean several painfully lean years, not only for Wall Street firms but for New York City and state budgets, which depend on Wall Street-related tax money for much of their revenue.

And lean bonuses on Wall Street could finally do what declines in the rest of the country's housing market couldn't do: hit Gotham's own housing prices, which are a repository for Wall Street bonuses.

—A Different View. Even as the housing market staggers BusinessWeek sees cities as places to buy a home in.