Naïveté, Incroyable! U.S. House Panel Approves Bill Limiting Swaps-Regulation Reach. Do the congresscritters think that they are now somehow getting a handle on the derivatives market? (Thanks to J. McC. for the link.)
Debt Bubble: Why “Too Big To Fail” Banks Still Face Much Trouble Ahead
Fed Policy: Ben Bernanke is Warming Up His Helicopter
Items from The Economatrix:
Housing Market Recovery Hits Pothole
The Great Recession of 2007 Never Ended, We are in Fact in a Depression
10 Reasons Why the Reign of the Dollar as the World Reserve Currency is About to Come to an End