Latched on to the Federal teat: A First in American History: 2011 Federal Aid Set to Overwhelm State General Funds. [1] This is the master stroke of Federal statism. If the 50 states get more than half of their revenue from the Federal government, there is no way that they can forcefully insist on 10 Amendment rights.
The U.S. Mint has set April 4th as the deadline for public comment on new metallic compositions for U.S. coins [2]. Clearly, the days are numbered for U.S. 5 cent pieces (“Nickels”) that are 25% nickel and 75% copper. Stock up! [3]
Pierre M. mentioned this op-ed piece by Neil Barofsky: Where the Bailout Went Wrong [4]
Items from The Economatrix:
Home Price Declines Deepen in Major US Markets [5]
Stocks Gains as Confidence Falls Less than Expected [6]
Inflation Worries Push Consumer Confidence Lower [7]