Tim Geithner Refuses to Answer Congressman Brad Sherman’s Question on Derivatives Bailouts [1]
Reader “Countrytek” recommended this NPR news story: Many Left Uncounted in Nation’s Official Jobless Rate [2]
Items from The Economatrix:
Baby Boomers to Kids: Kiss the Inheritance Good-bye [3]
Obama Rejects Second Round of Stimulus [4] First infusion [was] “not designed to work in four months…designed to work over two years.”
Stocks Slipped 2% Last Week [5]
Christmas Creeps into July at Sears [6]
US Budget Deficit Tops $1 Trillion for First Time [7]
After Losing Homes, Families Move into Tents
Awash With Cash [8] (The Mogambo Guru)
Study: State Budget Crunches Will Slow Economy [10]
Republicans Unify Against More Stimulus Spending [11] Call $787 billion plan ‘flop,’ say it hasn’t fulfilled its hype
Obama Urges Patience on Economic Plan [12] ‘It will steadily save and create jobs as it ramps up over this summer and fall’