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Economics and Investing:

B.B. was the first of several readers to mention this item: US financial system support up $700 billion in past year-watchdog [1]. “Total US government financial system support seen at $3.7 trillion.” Yikes!

Brett G. sent this one: How to Upgrade an Old Phone into a Porsche [2].

M.E.W. spotted this: Why Are Banks Withholding Highend Repossessions Over $300,000 From the Market? [3]

G.G. suggested the latest from The Mogambo Guru (Richard Daughty): Raising Taxes to Combat Recession: The Ultimate Fiscal Folly [4]

Items from The Economatrix:

Stocks Drop as Bernanke Warns of Uncertain Economy [5]

Firms Want to Rehire, Skilled Workers Scarce [6]

Cities Rent Police, Janitors to Save Cash [7]

Bernanke Must Appear Concerned, Not Desperate [8]

China Cuts US Treasury Securities Holdings by $32.5 Billion [9]