Economics and Investing:

Surprise, surprise: New Script Calls For More U.S. Quantitative Easing

AmEx sent this: New Rules Target Offshore Funds

Diana V. sent this: Canada unveils digital currency. Diana’s comment: I hope it will work if the grid goes down!

Savings come slowly for hybrid, electric car owners

B.B. sent this item: Stuart Varney on why food prices have skyrocketed in past year

Derivatives dirty pool: JPMorgan Trader Accused of “Breaking” CDS Index Market with Massive Prop Position. (Thanks to Pierre M. for the link.)

NFP Big Miss: 120,000, Expectations 205,000 Unemployment 8.2%, “Not In Labor Force” At New All Time High

$73,000 Debt Per American Under Obama’s Budget Plan

Items from The Economatrix:

The Phony Economic Deception Machine

London Trader:  Fed’s Global War Against Gold Escalating

The Rich Could Lose Half Their Wealth In Downturn, Says Faber

Oil Prices Fall 2%

Gold Rebounds After US Jobs Data Lifts Easing Hopes