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Economics and Investing:

Despite Decline in CPI, Food Index Increases in December [1]. – G.G.

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First National Bank of Crestview fails: branches will reopen Tuesday under New Orleans bank [2]. – G.G.

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Items from Mr. Econocobas:

Venezuela Lacks A Lot More Than McDonald’s French Fries [3]

Venezuela’s Future? ‘Barbarity and People Looting’ [4] – This is from December but worth posting still.

Obama Said to Seek 7% Budget Boost, Setting Up Fight With Congress [5]

Bullard’s Back (But Stocks Ain’t Buying It… Yet) [6]– This was the same Bullard who lifted stock with a hint that QE wouldn’t end; however that proved wrong as it did end just a few weeks later but it did stop the slide in the markets.