Congressional hearing video: $9,000,000,000,000 Missing From The Federal Reserve [1]. (Why is it that the larger the dollar figure, the less the accountability? Just ask the Boptrotters [2]–some of whom were convicted over sums less than $100–if their scrutiny and punishments were proportional.)
Reader Jon S. pointed me to this eloquent essay by Mark Hendrickson, at Forbes: The Pandora’s Box of Progressivism: Positive Law [3]
Items from The Economatrix:
Consumer Sentiment Slips In June [4]
Emergency Manager: Detroit Will Default on $2.5 Billion it Owes [5]
US Wholesale Prices Rise More Than Forecast On Fuel, Food [6]