Economics and Investing:

G.G. sent this: Average Length Of Unemployment Surges To New All Time Record 40.4 Weeks

Also from G.G.: Food stamp use rises to record 45.8 million

Sam Kirtley: US Yield Curve Flattening to Prompt Fed Easing and $1,800 Gold

Items from The Economatrix:

Can’t Get No Relief:  Economic News Sours Investors

Services Firms Expand At Slowest Pace in 17 Months

Unemployment Rose In Nearly All US Cities

Going Nowhere:  Economy Struggles To Find Footing

Oil Below $92 On Concern About Economy, Demand

Two Year Treasury Yield Drops To Record Low

EU Urges Bailout Changes As Stocks, Euro Tumble

Euro Faces Meltdown In August Heat

China Downgrades America

Wall Street Warns Geithner US Dollar Starting To Lose Reserve Status

Economy Close To Stall Speed May Signal New Recession