Economics and Investing:

Reader B.B. sent this: 8,753,935: Workers on Disability Set Another Record in July; Exceed Population of 39 States

Federal Government’s Debt Jumps More Than $1T for 5th Straight Fiscal Year

More mainstream media Pollyanna nonsense: Wall Street Journal: The U.S. Housing Bust Is Over. (Thanks to C.D.V. for the link.)

Sue C. sent this: US poverty on track to rise to highest since 1960s

J.B.G. suggested this article: Blaming the Spanish victim as Europe spirals into summer crisis

Items from The Economatrix:

Five Banks Fail, 2012 Tally at 38

Gold Shaping Up for a Major Uptrend

Gary North:  Central Banks Are Doomed, Thanks to The Fed’s Criminality