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Economics and Investing:

From frequent content contributor KAF: Congressional Budgeters Predict 10.5 Percent Unemployment Rate Next Year [1]

Also from KAF: The Inside Story of Bank United [2]. (How all those Option ARM loans came back to bite them.)

Items from The Economatrix:

Three More Banks Closed This Week [3]

Federal Reserve Cannot Account for $9 Trillion [4]

The Economy is Down But The Cost of Living is Going Up [5] (Most canned vegetables at Wal-Mart were 50 cents per can last summer, now they are 72-to-74 cents per can.)

US to lose AAA Rating? [6]

Dollar Falls to Four-Month Low Against Euro [7]

Stocks Hit ’09 Low on Ratings Fears; Stocks Dip [8]

Geithner Vows to Cut US Deficit on Rating Concerns [9]