Several readers recommended an excellent “must see” video that was produced by the National Inflation Association, titled: The Meltup [1]
By way of the No Money No Worries blog [2], we found this Four Big Banks Score Perfect 61-Day Run. [3] Something is rotten in Denmark on Wall Street. (Thanks to Geoff in Texas for the tip.)
Blood in the Streets! Bank Bailout Protesters Storm Ireland’s Parliament [4]. (Thanks to Kathryn D. for the link.)
Danny B. flagged this: 401(k)/IRA Nationalization Quietly Moves Forward [5]
Gary E. sent this: US faces one of biggest budget crunches in world – IMF [6]
Items from The Economatrix:
Government Data Shows Solid Recovery But Concerns Remain. [JWR Adds: I would counter that the apparent “Recovery” is nothing more than a short term artificial blip created by hundreds of billions of stimulus spending amidst the early stages of a deep, long-lasting Depression.]
Big Seller in Market Drop Identified as Waddell & Reed [7]
Gulf Oil Spill Disaster: The Trigger of the American Economic Collapse? [8]