“Hambone” sent us a link to a must-read piece over at Seeking Alpha: Current U.S. Dollar Currency Controls
Blaine sent an interesting article as follow-up to my link from Saturday: GM is using our tax dollars to repay our tax dollars to get more of our tax dollars at a reduced interest rate. A nice deal if you can get it.
H.T. sent this: Commercial Real Estate Losses and the Risk to Financial Stability. This U.S. Senate report begins: “The Congressional Oversight Panel’s February oversight report, “Commercial Real Estate Losses and the Risk to Financial Stability,” expresses concern that a wave of commercial real estate loan losses over the next four years could jeopardize the stability of many banks, particularly community banks. Commercial real estate loans made over the last decade – including retail properties, office space, industrial facilities, hotels and apartments – totaling $1.4 trillion will require refinancing in 2011 through 2014.”
White House warns of the dangers of huge deficits
Debt panel says Obama will approve debt findings (before they’re even made!)