Economics and Investing:

Mo sent this: Alabama Town’s Failed Pension Is a Warning

Sue C. sent this item from Yahoo Finance: 16 U.S. cities that could face bankruptcy in 2011

M.M. suggested this news item: New Interest in Turning Gas to Diesel. (But you have to wonder about the EROEI efficiency!)

Items from The Economatrix:

Unemployed Get Another Jobless Benefit–Yoga  

Americans Made Less in 2009; Minimum Wage Set to Rise in 2011  

In Tough Economy, Santas Are Also Suffering  

In Tough Economic Times, Bodyguard Business Is Booming