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Economics and Investing:

Peter S. sent this prediction of housing market doom: Maybe no housing rebound for a generation: Shiller [1] . In an another interview, he said: We Are in Age of ‘Late Great Depression’ [2]

Michael Pollaro: The Bernanke Bust, the why how and when [3]

The Results Are In: Conservative States Prosper, While Liberal States Decline [4]. (Thanks to James C. for the link.)

G.G. flagged this evidence that the Mother of All Bailouts (MOAB [5]) is far from over: Senate votes to slow closing of post offices [6]

Items from The Economatrix:

Gold Will Win Money War [7]

Derivatives:  The Unregulated Global Casino For Banks [8]

Two Meltdowns:  Fukushima and the US Economy [9]

Orders for US Durable Goods Drops Most in Three Years [10]

US Economy Grew Less than Forecast in First Quarter [11]

Spanish Economy in “Huge Crisis” After Downgrade [12]