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Economics and Investing:

Reader S.M. pointed us to this article in The Washington Times: CBO report: Debt will rise to 90% of GDP [1]

From Zero Hedge: Higher Yields, Lower Equities? [2]

Another piece from Zero Hedge that several readers recommended: It’s Official – America Now Enforces Capital Controls [3]

Damon sent this: S&P Market Indicator Downgrades US Sovereign Debt to aa+ [4]

Travis recommended this alarming piece by Dan Denninger: On Deficits And Debt-Financed Government [5]

From George Gordon (“G.G.”) British credit rating ‘could be lowered’ [6]

The Adultsitter suggested this blog piece: FDIC Playing With Fire by Soliciting State Pension Money to Buy Toxic Assets [7]

Items from The Economatrix:

Social Security Payout to Exceed Revenue this Year [8]

Consumer Spending Rises Modestly; Incomes Flat [9]

Oil Above $80 as Investors Look to Jobs Data [10]

World Stocks, Euro Rise as Debt Worries Ease [11]

Jupiter Financials Star Puts Half His Fund in Cash [12]

NASDAQ: All Bubbly Again [13]

States Seeking Cash Hope to Expand Taxes to Services [14]

It’s The Economy Again Come Fall Vote [15]