Economics and Investing:

JPMorgan Rushed to Hire Trader Who Suggested on His Resume That He Knew How to Game Electric Markets ^[1]. – P.M.

o o o

The Morality and Legality of Debt Jubilee ^[2]

o o o

Items from Mr. Econocobas:

David Stockman: How The Federal Debt Went From $1 Trillion To $18 Trillion in 33 Years – Interesting since Stockman was the budget director the day we passed the $1 trillion mark. ^[3]

Plummeting Oil Prices Could Destroy The Banks That Are Holding Trillions In Commodity Derivatives ^[4]

It’s Official: America is Now No. 2 ^[5]