Economics and Investing:

Reader Wayne S. sent us a link to an interactive map with three “toggle” views that gives some very useful and interesting information for anyone looking to relocate. Wayne notes: “It’s truly amazing to see that most of the states that have done the best job managing their budgets are also the same states that infringe upon personal liberties the least…. Coincidence or not? As you have said many times on your blog, ‘vote with your feet!’”

Reader HPD suggested this piece by Thorsten Polleit: Inflation: What You See and What You Don’t See

From frequent content contributor GG: U.K. First-Quarter GDP Drops 2.4%, Most Since 1958

Items from The Economatrix:

California Government Declares Fiscal Emergency Over Budget

US Congress Pushing for Federal Reserve Audit


Cap and Trade Bill Will Lead to Capital Flight
Ron Paul calls out the “global warming” scam

The Great Bank Robbery: How The Fed is Destroying America

Britain Faces New Recession

Canada: Mint’s $15.3 Million Golden Dilemma: Was There a Heist?

Weiss: California Will Default On Its Debt
“The state has appealed to Washington for a federal bailout, but it got a cool response from the Obama Administration. The next step is draconian cuts in state services and payroll, but Weiss says that will only deepen the “depression” in California, where the unemployment rate is 11.5%, by further cutting into tax revenue. Asked to put odds on California defaulting on its $59 billion in outstanding general obligation bonds, Weiss doesn’t hedge. “It’s unavoidable.”

Credit Card Addicted Nation: How Americans Have Pushed Themselves Off Fiscal Cliff

Buchanan: Climate Bill Is Transfer of Wealth to World Government
“During an appearance on MSNBC, political commentator Pat Buchanan correctly defined the “Climate Bill” for what it really is, not just a new tax on the American people, but a complete transfer of power and wealth to a global government that is using the manufactured fear of global warming to grease the skids for total domination.”

China Allows Trade Settlement in Yuan In Hong Kong

Social Security Audit Finds Dead People Getting Checks