Starting Now: America's Second Great Depression



Bernanke Created Half of 234 Years’ Worth of Money Supply. Here is a quote: “The U.S. turned 234 years old yesterday, and yet over half of the
nation’s money supply was created since Helicopter Ben took over the
flight controls four years ago. No wonder gold is in a full fledged
bull market . . .”


With the US trapped in depression, this really is starting to feel like 1932 Ambrose Evans-Pritchard:


Investors Fear Rising Risk of US Regional Defaults



Companies Clutching Cash But Stingy with Jobs


Unemployment is Here to Stay


Sultans of Swap: BP Collapse Potentially More Devastating than Lehman's


Gary North: Congress or Fed Too Big To Fail?


Increasing Risk of Double-Dip Recession as Leading Economic Indicators Start to Turn


Turning Lemons Into Lemonade for 390 Years


Hungary to Ask for "Precautionary Bailout" from EU and IMF


7.9 Million Jobs Lost, Many Never to Return


State and Local Government Workers' Job Security Fades


Muni Holdings Are "Untold Problems" for US Banks
- Bloomberg


Office Vacancy Rate in US Climbs to 17 Yr High
- Bloomberg


Greenback Weaker Amid Ongoing US Concerns
- Market Watch














"All we have of freedom, all we use or know -
This our fathers bought for us long and long ago. " - Rudyard Kipling, The Old Issue, 1899