Economics and Investing:

Sean B. spotted this in The LA Times: More municipalities betting on pension bonds to cover obligations. Note that the “pension obligation bonds” that they mention are actually derivatives.

Jim Rogers & Peter Schiff Agree, U.S. Treasury Crisis In 2013
Truth About $6 Gas, $200 Oil and the Quest for Energy Independence
2012 the year of the short sale – Short sales over 50 percent of all MLS inventory in Southern California.

Items from The Economatrix:

Americans Angry As Gas Nears $4

Durable Goods Orders Hint at Weak First Quarter

Gas Prices Expected To Continuously Increase Through Summer

Gold, For Richer, For Poorer As Crisis Cools