Economics and Investing:

SurvivalBlog’s Editor at Large Michael Z. Williamson pointed us to some commentary by Peggy Noonan in The Wall Street Journal that sheds some light on attitudes about the current recession: We’re Governed by Callous Children.

GG flagged this: Junk bond revival stokes credit bubble fears

GG also sent us this troubling piece, from England: More quantitative easing is on the way – and that’s a good thing. The UK government considers debt monetization a good thing? Watch out!

Items from The Economatrix:

Oil Hovers Near $78 on Positive US Economic News

World Markets Fall as US Recovery Doubts Linger

Three Strong Economic Reports Lift Recovery Hopes

Obama: Hiring Last to Come as Economy Rebounds

Oil Edges Lower Ahead of Fed Meeting


Author Says G20 in Scotland this Week is About Dumping the Dollar

Bankruptcy Filings to Match Divorce Filings in 2009: 1.5 Million, 35.8 Million Americans on Food Stamps — 11% of the Population. The 5 Indicators of the Misery Index

Mish Shedlock: Obama Creates 640,329 Jobs at a Cost of $323.739.83 Per Job