Gold Rallying to $1,500 as Soros’s Bubble Inflates. (Thanks to B.B. for the link.)
From The Daily Bell: WSJ Discovers the Austrians & Boettke – but not the Mises Institute
Mort Zuckerman bemoans BHO‘s band of fools: The Most Fiscally Irresponsible Government in U.S. History. (A hat tip to Patrick S. for the link.)
Oregon man pleads bankruptcy fraud, hiding gold. Apparently, he failed Cache Construction 101.
From K.A.F.: Problem bank list climbs to 829
Items from The Economatrix:
Top Economists: The Second Great Depression Has Arrived
Struggling Cities Shut Firehouses in Budget Crises
Mish: 10 Leading Retailers Close Stores; Exodus of Small Retailers Amidst Signs of “Free Rent”
Blockbuster to File for Bankruptcy in September
Bernanke Says Economy Remains Vulnerable
Record 1-in-6 Getting Government Aid
Jobs Data to Show Severity of Economic Malaise. Wells Fargo: ‘Our view is that the recovery is petering out, not sliding into a double dip’
Obama: No Magic Bullet for Struggling Economy