Economy News for Wed 30 May 2012

[Cheryl Nelson]

When The Derivatives Market Crashes (And It Will) US Taxpayers Will Be On The Hook

http://theeconomiccollapseblog.com/archives/when-the-derivatives-ma...

Consumer Confidence In The Economy Plunged In May

http://www.businessweek.com/ap/2012-05/D9V2EUA80.htm

A No-Confidence Vote For Obamanomics

http://news.investors.com/article/612950/201205291845/consumer-conf...

Obama Stimulus May Have Cost $4.1 Million Per Job

http://blog.american.com/2012/05/cbo-obama-stimulus-may-have-cost-a...

Home Prices Fall 2.6% In May

http://www.latimes.com/business/realestate/la-fi-home-prices-201205...

Europe's Deepening Crisis Drags Wall Street Lower

http://finance.yahoo.com/news/europes-deepening-crisis-drags-wall-0...

Schiff:  America Is Already Bankrupt

http://finance.yahoo.com/blogs/breakout/schiff-america-already-bank...

May Jobs Report:  More Weak Hiring Expected

http://finance.yahoo.com/news/may-jobs-report-more-weak-144400285.h...