Economics and Investing:

Obama’s 2008 campaign rhetoric on deficit reduction, versus reality: Conservatism Is Calling

U.S. Winter-Wheat Condition Worst in 27 Years as Drought Lingers . (Thanks to B.B. for the link.)

Biggest NY harbor oil terminal resumes partial operations

Items from The Economatrix:

More Tungsten-Core Gold Bars Are Turning Up

Consumer Spending In US Increases 0.8% As Incomes Climb

State Budgets In Jeopardy As Nation Nears “Fiscal Cliff”

The $100 Billion Storm:  17 Things You Need To Know About Hurricane Sandy