Jesse sent this: Short-Term Economic Boost from Fiscal Stimulus Outweighed by Long-Term Output Loss
Also from Jesse: Why the Stock Market Should Crash
From reader HPD: Bank Regulators “Reign of Terror” on Small Business Loans
Items from The Economatrix:
Stimulus Watch: Did the White House downplay errors in rush to take credit for job data?
Stronger Dollar, Weak Economic Data Pummels Stocks
Dollar Gains as Homeowners, Job Seekers Struggle
Weak Jobless Claims, Future Economic Activity Data
Foreclosures Hitting More People with Good Credit
AOL Offers Buyouts to 2,500 (33% of their workforce)
Treasury to Sell Warrants as Three Banks Exit Bailouts
Geithner: Some Bailout Funds to Help Lower Debt
AARP Received $18 Million in Federal Stimulus Money–For a job training program that has not created any jobs
Roubini: Unemployment to Worsen
Commentary from Richard Russell: I Sleep Better With The Metal