The IRS Goes Clubbin’. This illustrates that taxing officials will show no restraint in their expanding quest for revenue, in the coming years. Flea markets, farmers’ markets, gun shows, and any similar perceived dastardly bastions of free enterprise are doubtless next on their list. (A hat tip to RBS for the link.)
Also from RBS: Peak Phosphorus, and Why It Matters, by James Elser and Stuart White.
The Grudge Match Over Your 401(k)
Items from The Economatrix:
US to Shine Light on Derivatives Trading
Next Bubble: $600 Trillion?
IMF Trims Estimate of Losses From Financial Crisis
The Great Debate: Are Stocks Overpriced?
More Downside Risk Ahead for Oil and Gold
Home Sales Rise as Unemployment Claims Fall
GM Repays $8.4 Billion Bailout in Full. Oh but wait… GM Used Bailout to Repay TARP Loans, Senator Says