Economics and Investing:

Treasury removes cap for Fannie and Freddie. (Thanks to Jeff R. for the link.)

GG sent this piece in The New York Post by fellow near future novelist Ralph Peters: 2010: The year of bankrupt governments. (And coincidentally, Ralph and I have the same literary agent, Robert Gottlieb.)

Items from The Economatrix:

Shoppers Give Stores Last-Minute Sales Surge

Jobless Claims, Goods Orders Signal Modest Rebound

Stocks End Shortened Session at New 2009 Highs

Mortgage Rates Inch Above 5%

Congress Raises Debt Ceiling to $12.4 Trillion

Ford Sells Volvo to China

Geithner: Job Growth Should Resume By Springtime

Britain Joins Italy in Debt House