Economics and Investing:
R.C. sent this: Higher Rates End Obama’s Borrowing Cost Holiday. Speaking of interest issues: Interest on Federal Debt Hit $104B in First Half of FY2012—Despite Low Interest Rates Owe The IRS? Bill Would Suspend Passport Rights For Delinquent Taxpayers. (Thanks to F.G. for the link.) The latest from Silver Shield: The Myth of Silver Confiscation Items from The Economatrix: Iran, Oil, Europe Pose Risk To Economy: Geithner Stanford’s Lazear: US Suffering Worst Economic Recovery In History Iran, Oil Prices, And Gambling With The World Economy Gasoline Prices May be Getting Close to a Peak