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Economics and Investing:

Yikes! $1.342 trillion budget deficit for 2010 [1]. (Our thanks to Rourke for the link.)

B.B. suggested this article over at Zero Hedge: The Dallas Fed Reminds That The Economy Is Doing Much Worse Than In The Administration’s Worst Nightmare [2]

US Says Bankruptcies Reach Nearly Five-Year High [3]. (A hat tip to KAF for the link.)

M.L. recommended: When Will Financial Armageddon Begin? [4]

Norman A. spotted this: Marc Faber – “Don’t touch US bonds” [5]

Also from Norman: Tensions Rise in Greece [6]

Ex-Bank of England Official: Dumping Bush Tax Cuts May Bring Depression [7]

Items from The Economatrix:

Unemployment Spreads Like a Plague [8]

Accountability and Transparency in the World of Big Money: Too Big to Fail and Too Big to Jail [9]

Stocks Drop As Jobless Claims Rise Unexpectedly [10]