Joseph C. sent a link to this: Why U.S. debt matters to you
Trent H. flagged this: For Some Homeowners in Foreclosure, a Rent-Free Approach. Trent’s comment: “This attitude is astonishing and disappointing. The attitude that ‘the banks are crooks’, and thus its okay to behave similarly is frightening.”
From Brian B.: Federal debt tops $13 trillion mark. (And that doesn’t include the massive future obligations like government pensions)
Why a ‘new euro’ could be the saviour of the European dream. (Thanks to L.R. for the link.)
Items from The Economatrix:
First-Time Jobless Claims Drop for Second Week
Retailers’ Reports Show Tepid May for Shoppers
China Ready to Say Good-Bye to the Dollar
Iran to Dump 45 Billion Euros for Gold Bullion and Dollars
US Mint Out of Not Only Silver But Gold American Eagles as Well