Economics and Investing:

Cities Where Homes Will Not Sell

EW.B. sent this article about a Nevada town: End of Empire: Tough economy closes mining town. (JWR’s Comment: This illustrates the importance of avoiding relocating to towns that are depended on a single employer.)

HOLY BAILOUT – Federal Reserve Now Backstopping $75 Trillion Of Bank Of America’s Derivatives Trades. (Thanks to Steve S. for the link.)

John R. flagged this: WOLF: Liberalism’s unwashed last stand–The hippie-critical new faces of the Democratic Party

On a similar note, The Daily Bell‘s editors ask: Elite Control of OWS Protests Increasingly Obvious?

Items from The Economatrix:

The Global Economy is Broken; Here’s How to Fix It

Growing Trend:  Thieves Raid Vegetable Gardens In Indianapolis, New York and Chicago

Eurozone Crisis:  Recession Warning Leads Global Global Stock Markets To Tumble

S&P Downgrades 24 Italian Banks, Financial Firms