Can California Declare Bankruptcy?- Slate
Jim Sinclair’s Commentary
It is happening everywhere. There is no way out that supports political expedience other than "QE to infinity." If the Fed doesn’t play ball they are history.
The shot caller is political expediency.
Unemployment Insurance Turning into Welfare?- Washington Post
Brazil Strikes Back in Trade War over US Cotton- Bloomberg
Obamacare Sneaking through Back Door- Politico
Merkel Urges ‘Quick’ Regulation as Greece Takes Plea to U.S.
posted by Eric De Groot at Eric De Groot - 9 hours ago
“We’re of the opinion that a quick implementation of actions in the area of CDSs has to happen,” Merkel said. Citing “ongoing speculation against euro-region countries,” she called for the “fastest possi...
The Drudge Report: Congressional estimates show grim deficit picture.
No Great Surprise Department: IRS to Track Online Sellers' Payment Transactions Beginning Next Year
Silver Supply Crisis Looms, Part 1: and Part 2.
San Francisco Fed Doubts Jobs Outlook
China ready to end dollar peg. The article begins: "The head of China’s central bank has given the strongest signal yet that the country will move away from pegging its currency to the dollar, but he said any changes would be gradual."
Program Will Pay Homeowners to Sell at a Loss.
Gov: Budget Failure Could Cause NY Depression- Crain's New York
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