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Economics and Investing:

Reader B.B. sent this: 8,753,935: Workers on Disability Set Another Record in July; Exceed Population of 39 States [1]

Federal Government’s Debt Jumps More Than $1T for 5th Straight Fiscal Year [2]

More mainstream media Pollyanna nonsense: Wall Street Journal: The U.S. Housing Bust Is Over [3]. (Thanks to C.D.V. for the link.)

Sue C. sent this: US poverty on track to rise to highest since 1960s [4]

J.B.G. suggested this article: Blaming the Spanish victim as Europe spirals into summer crisis [5]

Items from The Economatrix:

Five Banks Fail, 2012 Tally at 38 [6]

Gold Shaping Up for a Major Uptrend [7]

Gary North:  Central Banks Are Doomed, Thanks to The Fed’s Criminality [8]