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Economics and Investing:

Kabuki financial theatre – Congress net worth up 15 percent from 2004 to 2010 while the average American sees their net worth decline by 8 percent in the same timeframe. Welcome to plutocrat USA. [1] (It is good to know that our elected representatives are pure as the driven snow, and that they would never engage in felonious Insider Trading.)

B.B. suggested this, over at Zero Hedge: Guest Post: A Run On The Global Banking System – How Close Are We? [2]

Items from The Economatrix:

If a Global Recession is Not Looming, then Why Are Bailouts Flying Around Like The End Of The World Is Coming [3]?

Bank of America Dumps $75 Trillion In Derivatives on US Taxpayers With Federal Approva [4]l

US Retirement Assets Declined By $1.4 Trillion [5]

Chance of Recession 35% Next Year? [6]