Economics and Investing:

JDD sent this item: China ready to end dollar peg. The article begins: “The head of China’s central bank has given the strongest signal yet that the country will move away from pegging its currency to the dollar, but he said any changes would be gradual.”

Brian B. sent this news story that illustrates that the Mother of All Bailouts (MOAB) won’t stop growing: Program Will Pay Homeowners to Sell at a Loss.

I found this linked at The Drudge Report: Congressional estimates show grim deficit picture.

Jeff B. offered this for the No Great Surprise Department: IRS to Track Online Sellers’ Payment Transactions Beginning Next Year

Tony B. recommended this recent two part article by Jeff Nielson, over at The Street: Silver Supply Crisis Looms, Part 1: and Part 2.

Dissension in the Ranks? San Francisco Fed Doubts Jobs Outlook. (Our thanks to David D. for the link.)