From Eric in Tennessee: China ‘worried’ about US Treasury holdings. Reader Kyle D. sent the same link. Kyle quipped: “At least they didn’t say the dreaded ‘D’ word: Default.”
The Other Chris sent this: Homeowners See U.S. Taxes Rise as Property Values Sink Amid Deficits. “Gee, Wally, if property values are declining, shouldn’t our taxes be going down?”
Courtesy of Jay, comes: Glenn Beck’s The Inconvenient Debt. Jay’s comment: “[In this video segment,] there is great chart presented by Glenn Beck on the US money supply since 1929. It is shocking.”
DD forwarded this from MSNBC: Investors and homeowners woes continue
From Alan: Insurance “Guarantee Funds,” Another Mirage?
This was linked at The Drudge Report: In recession economy, students look to funeral careers
Items from The Economatrix:
Will The Stock Market Rally Stick, or Vanish?
Chrysler Faces July Cash Crunch Even with More Aid
G-20 Pledge Sustained Action on Financial Crisis
Fear Still in Focus After Strong Rally
Tight-Lipped US Firms Pay for Their Silence: Study
China Stimulus Hopes Push Up of World Markets
Bailout Money is Flowing Abroad
China’s Warning to the US: Honor Your Commitments
Obama: Crisis Not as Bad as We Think
Foreclosures Just Keep on Rising