Economics and Investing:

Eugene in Anaheim sent this: New Cash Steered to Clunkers

Thanks to Karen H. for this: America’s Recession ‘Safe Zone’ Shrinking

From The Daily Bell: Bob Chapman on gold, silver, a bank holiday and the monetary elite

Regulators shut down banks in five states; Regulators close banks in Fla., NJ, Ohio, Okla., Ill.; 69 US bank failures this year

Items from The Economatrix:

Weiss: Urgent Financial and Economic Crisis Investment Strategy Update “It’s only fair to acknowledge that the economic depression I foresaw in my book and in my reports is unfolding more slowly than I had expected. … the next phase of the crisis we’ve been warning you about has been delayed, … [But] my long-term outlook has not changed by one iota! All of this simply means that the calm before the next phase of this financial storm may be prolonged.”

US Government Yuan Bond Threat to US Dollar

Why You Should Not Bank on Banking Stocks

Commodities Still a Lot More Attractive than Stocks

Why Food Prices are Set to Rocket

Squeeze on Pay, Benefits May Crimp Recovery