Economy News for Frid 8 May 2014

I'm taking Friday off.  Have a good weekend.

The Next Shoe Drops Just 2 Days After The Last One

http://www.zerohedge.com/news/2014-05-08/next-shoe-drops-just-2-days-after-last-one

IRS Audited Tea Party Donors Ten Times More Often Than Regular Americans

http://www.zerohedge.com/news/2014-05-08/irs-audited-tea-party-donors-ten-times-more-often-regular-americans

"Capital" As Seen By An Austrian Economist

http://www.zerohedge.com/news/2014-05-08/capital-seen-austrian-economist

Roubini: We’re At The Very Start Of A Credit Bubble

http://blogs.marketwatch.com/thetell/2014/05/08/nouriel-roubini-were-at-the-very-beginning-of-a-credit-bubble/

Long-Term Jobless Still More Than One-Third Of Unemployed

http://blogs.marketwatch.com/capitolreport/2014/05/02/long-term-jobless-still-more-than-one-third-of-unemployed/

Geithner Says Efforts To End Too-Big-To-Fail Are 'Misguided'

http://www.marketwatch.com/story/geithner-says-efforts-to-end-too-big-to-fail-are-misguided-2014-05-08

Efforts to deal with corruption are never misguided.

Congress May Raise Bar For A Bank To Qualify As 'Systemically Important' To $100 billion

http://www.marketwatch.com/story/congress-may-raise-bar-for-a-bank-to-qualify-as-systemically-important-to-100-billion-2014-05-08

And if it fails because of corruption and mismanagement, it should still fail.  It's obvious the really big guys want to keep playing the same game, that's why this idea is being floated.

Fed Takes Step To Limit Size Of Biggest Banks

http://www.marketwatch.com/story/fed-takes-step-to-limit-size-of-biggest-banks-2014-05-08

Watch for bank mergers before any 100-billion-bar legislation takes place.

Job growth picking up, but data likely to show worker confidence still low

http://www.marketwatch.com/story/job-growth-picking-up-but-data-likely-to-show-worker-confidence-still-low-2014-05-08

WSJ Survey: Economists See Growth Rebound

http://live.wsj.com/video/wsj-survey-economists-see-growth-rebound-2014-05-08-16115317/80A27254-2E94-4180-98BB-BF77D4FD8E02.html

The Economics Of Marriage

http://theeconomiccollapseblog.com/archives/the-economics-of-marriage

This Is What’s Going To Happen When All Hell Breaks Loose

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/8_This_Is_Whats_Going_To_Happen_When_All_Hell_Breaks_Loose.html

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