Economics and Investing:

B.B. suggested some recent commentary from Peter Schiff: No Way Out

More socialist buffoonery: France’s Jean-Marc Ayrault slams flight of the ‘greedy rich’ (JWR’s Comment: Gee, and they wonder why they are leaving. I suppose that wife-beaters wonder the same thing.)

55 Reasons Why California Is The Worst State In America And The Entire State Is Rapidly Becoming A Bright, Shining Example Of Everything That Is Wrong With America

Items from The Economatrix:

Job Openings in US Rose in October to Four-Month High

Detroit “Bankruptcy is a Possibility”

Jobless Claims Fall to Pre-Sandy Levels