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Economics and Investing:

Mara spotted this: First Fannie and Freddie, Now the FHA? [1] 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. [2] (100th US bank failure thusfar for 2009.)

Items from The Economatrix:

The Great Recession: The Numbers Tell The Story [3]

Investors to Companies: Show Us Higher Sales [4]

State Budgets Get Adrenaline Shot From Clunkers [5]

World’s Largest Shopping Mall is Empty [6]