Several readers recommended an excellent “must see” video that was produced by the National Inflation Association, titled: The Meltup
By way of the No Money No Worries blog, we found this Four Big Banks Score Perfect 61-Day Run. Something is rotten in Denmark on Wall Street. (Thanks to Geoff in Texas for the tip.)
Blood in the Streets! Bank Bailout Protesters Storm Ireland’s Parliament. (Thanks to Kathryn D. for the link.)
Danny B. flagged this: 401(k)/IRA Nationalization Quietly Moves Forward
Gary E. sent this: US faces one of biggest budget crunches in world – IMF
Items from The Economatrix:
Government Data Shows Solid Recovery But Concerns Remain. [JWR Adds: I would counter that the apparent “Recovery” is nothing more than a short term artificial blip created by hundreds of billions of stimulus spending amidst the early stages of a deep, long-lasting Depression.]
Big Seller in Market Drop Identified as Waddell & Reed
Gulf Oil Spill Disaster: The Trigger of the American Economic Collapse?