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Economics and Investing:

Bryan E. noted that Senator Rand Paul of Kentucky has proposed a list of budget cuts that will total $500 Billion dollars in savings [1].

“The Houston Cannonball” mentioned a link at Zero Hedge for a map of the dozens of riots in recent weeks across the globe that can be attributed to price hikes [2] as well as a few price hikes in the US.

Sue C. sent this: Budget deficit to hit $1.48 trillion [3]. The congresscritters in Washington D.C. now have us swimming in red ink!

Items from The Economatrix:

Mike Ruppert:  The Beginning of Systemic Failure [4]

Regulators Shut Down Small Banks in Oklahoma and Wisconsin [5]  

World Markets Sink as Protests Escalate in Egypt [6]  

Fitch Downgrades Egypt Outlook to Negative [7]  

More Robust Spending Helps Economy Gain Steam [8]  

The US Goes Back to the Gold Standard [9]