From frequent content contributor KAF: Congressional Budgeters Predict 10.5 Percent Unemployment Rate Next Year
Also from KAF: The Inside Story of Bank United. (How all those Option ARM loans came back to bite them.)
Items from The Economatrix:
Three More Banks Closed This Week
Federal Reserve Cannot Account for $9 Trillion
The Economy is Down But The Cost of Living is Going Up (Most canned vegetables at Wal-Mart were 50 cents per can last summer, now they are 72-to-74 cents per can.)
Dollar Falls to Four-Month Low Against Euro