KAF sent us this: National debt soars to highest level since WWII
Thanks to RBS for spotting this: Oregon city turns off streetlights to save money
Courtesy of reader John R.: Corruption Suspected in Airlift of Billions in Cash From Kabul. (Gee, do you think it might be suspicious?)
I was doing some web wandering, and I found a fascinating history piece on AIG, and its parent company, AIC.
Items from The Economatrix:
Europe’s Banks Still on Life Support
Roubini Says Greece Needs Orderly Debt Restructuring to Avoid “Inevitable Default”
Britain “Might Not Cope with Another Bank Emergency”
You Don’t Recover from a Debt Crisis with More Debt
Fannie Mae to Charge Strategic Defaulters, with Everything