Economics and Investing:
Keith B. liked this piece by Ambrose Evans-Pritchard: America slides deeper into depression as Wall Street revels; December was the worst month for US unemployment since the Great Recession began. (Gee: I thought that companies were supposed to avoid December layoffs. So how will the January and February employment stats play out?) Obama considers levy for rescued firms. (Thanks to Rory for the link.) From GG: How nation’s true jobless rate is closer to 22% 2010 Bank Failures Start with Two. (The FDIC could become insolvent in the near future–which would mean another huge bailout…) A tip of the hat …