SurvivalBlog’s Editor at Large, Michael Z. Williamson [1] sent this: A Few Charts That Show Why Quantitative Easing Was A Miserable Failure [2]
That dreaded “D.” word is spoken again: Bullard sees debt default as big global risk [3]. (Thanks to B.B. for the link.)
A bit late to jumping on the band wagon: Traders Are Dumping Stocks and Buying Gold and Silver [4]
Reader Pierre M. suggested this: President Obama’s phony accounting on the auto industry bailout [5]
Bill J. sent this: Senators seek crackdown on “Bitcoin” currency [6]. (JWR’s Comment: I’m not surprised to see Senator Schumer’s name mentioned…)
Items from The Economatrix:
Low Yields On Treasury Debt No Guarantee That Fiscal Crisis Won’t Hit US [7]
Oil Rises As OPEC Maintains Production Level [8]