Economics and Investing:

John Williams Warns of “Severe and Violent Sell-Off in Stocks” (Thanks to G.G. for the link.)

Desperate for revenue: Local Property Taxes Soaring in New York.

The Daily Bell editors ask: As Goes Iceland, so Goes the EU?

N.I.M. flagged this item in the New York Times: Bernanke Weighs Risks of New Action. Any attempts are injecting new liquidity are futile. The U.S. Dollar will be wrecked by the Fed’s policies. My advice: Continue to buy silver on the dips!

Items from The Economatrix:

24 Statistics About the US Economy Embarrassing to Admit

Global Illusions Stemming From Money Printing

Robo-Signing Eviction Scandal Rattles Wall Street

The Fed Has Gone Insane So I’ll Just Pick Up Some More Gold & Silver (The Mogambo Guru)

America’s New Poor: End of the Middle-Class Dream

Gerald Celente On $5,000 Gold, Currency Crisis, and the Crash of 2010