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Economics and Investing:

The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484 [1]

eBay Announces New Changes for Coins Listed in Auction [2]. The two changes, in essence, that follow up on their earlier banning of “replica” coins: 1.) Starting May 30th, Sheldon Scale [3] numbers (1 to MS70) can only be mentioned if the coins are PCGS [4] or NGC [5] graded and encapsulated (“slabbed.”). 2.) Any coins valued at $2,500+ must be PCGS or NGC slabbed. (JWR’s comment: Gee, do the coin grading firms make a slab big enough to hold a one kilo gold coin [6]? And what about a 10 kilo silver coin [7]? That weighs more than an M60 light machinegun.)

B.B. sent this: Food Stamp Rolls to Grow Through 2014, CBO Says [8]

Items from The Economatrix:

Spain is Doomed; Why Austerity is Destroying Europe [9]

Layoffs, Freezes, Retirements for US Public Sector [10]

Gold/Platinum Ratio Suggests Much Higher Gold Prices are Coming Soon [11]

There is Not Going to be a Solution to Our Economic Problems on the National Level [12]