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Economics and Investing:

B.B. suggested: Don’t fear the fiscal cliff — fear the welfare cliff [1]

Sue C. spotted this item: Political feuds, denial drove San Bernardino to bankruptcy [2]

SurvivalBlog’s G.G. suggested this by humorous economic commentator Richard Daughty (“The Mogambo Guru”): So Freaking Obvious (SFO) [3]

Items from The Economatrix:

When Bankers Get Nervous, Watch Out [4]

Retail Purchases In U.S. Unexpectedly Decrease 0.5% [5]

Oil Declines From Seven-Week High Amid Global Economic Concern [6]

Fewer US Companies are Planning to Hire [7]