Eric sent us this: Amish homeowners: Religion trumps building codes
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Michael H. flagged this: Fed Refuses to Disclose Recipients of $2 Trillion
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Not surprisingly, the bad economic news keeps coming: I spotted this article linked at Drudge: Third of Hedge Funds Face ‘Wipe Out’ After Slump, Godden Says. Terry in Cornwall, England sent this: Supermarkets’ emergency plans to keep shelves full. Bill N. endorsed a tongue in cheek look by Fred Thompson concerning the MOAB. Michael M. heard an NPR Marketplace news story and sent us the link: Quantitative Easing = “Let’s just print the money”. Reader “Bigbird” flagged this: Gross Domestic Product: 40 Percent of the United States GDP comes from 5 States; California, Texas, New York, Florida, and Illinois. And Eric sent all these: Ponzi Nation — Just a sign of troubled times, or has the Fed lost it? — Treasury bonds have reached bubble stage — Deflation has become inevitable — Household Net Worth in U.S. Declines Most on Record — SF feels pain of real estate meltdown. And to round out the day’s links, here is the latest batch from The Economatrix: Radical Fed Reserve Rate Cut to .05% — Dollar Staggers as US Unleashes Cash Flood — UK Royal Mail Pension in $14 Billion Hole — Ireland Joins Wave of Bailouts — Ecuador Default: Fears Others Will Follow — Alternative Currencies Grow in US — Bankers Privately Talk of the End of Days (A key quote: “I have spoken to a couple of pretty senior bankers in the past couple of weeks and their story is rather different. They don’t refer to the looming problems as being like 1992 or even 1929. They talk about a total financial meltdown. They talk about the End of Days.”) — Goldman Sachs Faces $2 Billion Loss, its First Since 1929 — “Already Bankrupt” GM Won’t be Rescued By Loan — Collapse of Pension Funds: End of Retirement? — Homes Lose $2 Trillion in Value in 2008 — Grave Worries About Automaker Failure — Gold Rises to $823, Dollar Sinks