Economics and Investing:

Reader C.C.V. sent this: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%. JWR Adds: “the recovery is cooling” they claim. I ask: What recovery? All that I’ve seen is a brief blip, caused by a massive infusion of Funny Money. (The monetization dubbed “Quantitative Easing”.)

Chris Martenson interviews Addison Wiggin: We Can’t Afford the Solutions Needed To Reverse Our Decline

I noticed an interesting article over at Fierce Finance: Goldman Sachs prodigy quits

KAF sent this: Fannie Mae has asked the government Friday for an additional $8.5 billion in aid. (It lost $8.7 billion in the first three months of the year.)

Items from The Economatrix:

Banks Adding Treasuries Signal Lower Confidence In Recovery

Strong April is Retailer’s Easter Present

Unemployment Applications Hit Eight-Month High

Businesses Now Hiring At Fastest Pace Since 2006

Consumers Borrowed More On Credit Cards In March

Stocks Rally As Hiring Spree Surprises Wall Street

Gas Price To Drop As Oil Joins Commodities Plunge