Economics and Investing:

More FDIC Friday Follies: Bankruptcy & Closures: Six More Bank Failures Makes 125 in 2010

Wasteland: Europe stalked by spectre of mass unemployment. (Thank to J.M for the link.)

Retirement on Hold: American Workers $6 Trillion Short

J.H.B. liked this piece by commentator Devvy Kidd: Bail-outs of Freddie and Fannie will bury us under unpayable debt

Tom F. sent us this link: Congressmen Weiner and Waxman Set Gold Hearing

Items from The Economatrix:

A September Surprise is Coming…As Stunningly Stupid Politics Spread

Widespread UK Civil Disorder “Inevitable”

The Daily Gold And Silver Report reports COMEX warehouse shortages. A short squeeze in silver is coming, folks!

US Foreclosures Up 25%

Home Prices Drop in 36 States

Gold Hits New Record High