Economics and Investing:

Michael Z. Williamson (SurvivalBlog’s Editor at Large) recommend this: The number that’s killing the economy

Stephen M. highlighted this one: General Mills sees 2012 profit hit by food costs. Here is a quote: “The maker of Cheerios cereal and Progresso soups said on Wednesday that it expects costs to rise 10 percent to 11 percent in the 2012 fiscal year, which began May 30.”

Also from Stephen: Austerity Riots – A Glimpse of America’s Future?

Items from The Economatrix:

Voters Give Obama Lowest Rating Yet on Economy

Home Prices in 20 U.S. Cities Fall By Most in 17 Months

Uptick in Homeowners’ Insurance Rates “Only The Beginning”

California Dream Fading Fast