Economics and Investing:

Mara spotted this: First Fannie and Freddie, Now the FHA? Mara’s comment: “Every time I read about more bailout money for existing “customers” or new bailout money for new “customers,” I start to get woozy and lightheaded! Good thing I am sitting down when I read this stuff!”

GG flagged this New York Times piece: Failures of Small Banks Grow, Straining F.D.I.C. (100th US bank failure thusfar for 2009.)

Items from The Economatrix:

The Great Recession: The Numbers Tell The Story

Investors to Companies: Show Us Higher Sales

State Budgets Get Adrenaline Shot From Clunkers

World’s Largest Shopping Mall is Empty