Economy News for Wed 8 Dec 2010

[Cheryl Nelson]

Stocks Edge Higher, Treasurys Fall On Tax-cut Plan http://finance.yahoo.com/news/Stocks-edge-higher-Treasurys-apf-2095603168.html?x=0 Euro Collapse "Possible" Amid Deepening Divisions Over Bail-out http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8185225/Euro-collapse-possible-amid-deepening-divisions-over-bail-out.html Still Asleep To The New Economic Reality http://www.dailymail.co.uk/news/article-1336300/Were-doomed--We-havent-woken-poorer-West-going-future-.html UK: Overdraft Charges Soar To 19% http://www.dailymail.co.uk/news/article-1336281/Bank-overdraft-charges-soar-record-19--Borrowers-pay-38-times-base-rate.html Gold Likely To Hit $1,600 In 2011 - Credit Suisse http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=116537&sn=Detail&pid=33 Spain On The Verge Of A Nervous Breakdown http://www.foreignpolicy.com/articles/2010/12/03spain_on_the_verge_of_a_nervous_breakdown American Retirement Funds At Serious Risk Of Being Seized http://www.marketoracle.co.uk/Article24828.html US Military Prepares For Economic Crisis http://www.thenewamerican.com/index.php/usnews/politics/5418-us-military-prepares-for-economic-collapse US Fiscal Health Worse Than Europe Says China Adviser http://www.reuters.com/article/idUSTRE6B71KO20101208 Food Stamp Rolls Continue To Rise http://blogs.wsj.com/economics/2010/12/08/food-stamp-rolls-continue-to-rise/ No End In Sight To U.S. Economic Crisis As "Scariest Jobs Charts Ever" Shows Post-Recession Unemployment At Its Worse Since WWII http://www.dailymail.co.uk/news/article-1336078/Post-recession-unemployment-scariest-job-chart-worst-WW2.html

[Cheryl Nelson]

They are all thieves. As Bob Taft is fond of quoting: Around here petty thieves are hanged, the great ones are appointed to office.