George Gordon (“GG”) sent this news item: Largest-ever federal payroll to hit 2.15 million
Also from GG comes this link to a Seeking Alpha piece: U.S. Economy: Don’t Worry, Prosperity Is Just Around the Corner
Yet another from GG: Rising FHA default rate foreshadows a crush of foreclosures
Reader JDD spotted this over at The Daily Beast: The Dollar’s Scary Decline
Also from JDD: Obama’s Budget Has One Small, Missing Piece…. For $6.3 Trillion Dollars
Items from The Economatrix:
Unemployment Rises in Most Metro Areas
Roubini Sees “Very Dismal and Poor” US Growth Ahead
Bernanke Voices Economic Concerns as He is Sworn In
Deficit Brings US Closer to Brink of Bankruptcy
Colorado Springs Cuts Basic Services. More than 1/3 of streetlights to go dark on Monday, and that’s just the start.
No Help In Sight, More Homeowners Walk Away
The First Country to Leave the Euro? What About Germany?
US Deepening Debt Crisis, Be Afraid of Bernanke Reappointment
Growing Bubble in Commercial Real Estate; CRE Losses Could Wipe Out Banking System