Entschuldigung, but doesn’t this sound a bit inflationary, for the U.S. Dollar?: Audit: Fed gave $16 trillion in emergency loans to foreign banks.
Worth reading: How Capitol Hill Is Pushing the U.S. Economy to the Edge . (Thanks to Sue C. for the link.)
Chris H. suggested this: Gold shines, but silver is the moneymaker .
Economics Professor: “[We’ll Have] a Never-Ending Depression Unless We Repudiate the Debt, Which Never Should Have Been Extended In The First Place”  (Thanks to John R. for the link.)
More grim economic news, courtesy of John R.:
A New Surge in Job Layoffs  (Dave Cohen)
Greece: Looking for the ‘right’ place to crash  (Kurt Brouwer)
Items from The Economatrix: