Economics and Investing:

B.B. suggested: Don’t fear the fiscal cliff — fear the welfare cliff

Sue C. spotted this item: Political feuds, denial drove San Bernardino to bankruptcy

SurvivalBlog’s G.G. suggested this by humorous economic commentator Richard Daughty (“The Mogambo Guru”): So Freaking Obvious (SFO)

Items from The Economatrix:

When Bankers Get Nervous, Watch Out

Retail Purchases In U.S. Unexpectedly Decrease 0.5%

Oil Declines From Seven-Week High Amid Global Economic Concern

Fewer US Companies are Planning to Hire