Daily Digest

• Country At A Crossroads
• Inflation, High Taxation or Default
• Gun sales shoot up amid America’s fear of rising crime and terrorism
• Rep. DeFazio: Fire 'Timmy' Geithner
• Gold's 'Money' Value is $4,000 to $11,000: Market Strategist
• Biden On The Bailout: Socialism For The Rich, Capitalism For The Poor
• Student Fee Hike Fuels Mass Protest At UCLA
• Housing Crisis Hits A Whole New Level
• Breaking Down Fannie Mae's Deed For Lease Program
• Judge Rules Gov't May Be Liable For Billions In Katrina Claims
• Food Banks Struggle Amid Record Demands
• Maine's New Wind Plant Goes Online
• Houston Launches Program For Electric Car-Charging Stations
• Clean Green Texas
• New Twist In Vertical Gardening: 'Edible Walls'

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• Geithner in the doghouse over AIG debacle
• Democrats want homeowners and workers to get money from TARP
• What They Really Believe
• Société Générale tells clients how to prepare for 'global collapse'
• The Gold Trifecta?
• The Coming Nuclear Crisis
• John Paulson Making Huge New Bet On Gold
• Wells Fargo To Buy Back $1.4 Billion In Securities To Settle Fraud Lawsuit
• Philadelphia Gives Homeowners A Way To Stay Put
• Memo To Buffett: Put Down The Pom-Poms And Tell The Truth About The Economy
• 5 Million 'Pink Slips' Sent To Congress
• Wall Street's Ego Bubble
• Should Goldman Sachs Be Forgiven?
• Consumers Losing Millions In Scams On Well Known E-Commerce Sites
• We Have Not Escaped Prospect Of Global Economic Collapse
• Stickups And Burglaries On The Rise - At The Office
• More Holiday Shoppers To Use Cash Only - No Credit Cards
• The One Thing Depleting Faster Than Oil Is The Credibility Of Those Measuring It
• California Sets Energy-Efficient Rules For TVs
• A Scramble To Prepare For Electric Car Charging Stations
• Small Farmers And Community Gardening
• Floods And Droughts: How Climate Change Is Impacting Africa

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• New York Personal Income Tax Collections Fell 21% Last Year
• Global junk bond default rate rises in October - S&P
• Life Insurers May Lose $22.6 Billion on Commercial Real Estate
• S&P cuts ratings on $17 bln worth of U.S. CLOs
• Silverdome sale price disappoints
• Pickens Predicts $100 crude in 2010, $300 by 2020
• Michael Panzner: Commercial Real Estate Is A "Tsunami Unfolding"
• Ski Homes Feel the Real Estate Chill
• China, U.S. eye pact to help troubled banks: sources
• IC and reserve currency An issue to moot
• National Debt Now Tops $12 Trillion (CBS News)
• California faces a projected deficit of $21 billion
• Utah's fictitious '4th Congressional District' gets $1.2 million in stimulus funding (ABC News)
• VA might have to cut $2.9 billion more by '12
• Senator: VT will face $88 million budget deficit
• Charleston Seeks Help With Pensions
• We Don’t Have Confidence in the U.S. Dollar Now
• San Francisco heads into $53 million deficit (Video)
• State college pre-paid tuition program deep in debt (South Carolina)

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• Stephen King: Gold prices are a dead giveaway
• Million Hit By 'Plague Worse Than Swine Flu'
• Gold At $5000 An Ounce?
• China Slams Fed's Low Interest Rates
• Amendment To Relax Banks' Accounting Standards
• France Urges Inquiry Into Financial Sector Competition Abuse
• America's Newest Land Baron- The FDIC
• The New Flipping: Short Sales
• How Government Created Today's Commercial Real Estate Catastrophe
• Hunger In America At 14 Year High
• Investors Strategize For Fed's Exit From MBS Market
• $10 Billion Evaporates
• Could Pop-Culture Mood Mirror Stock Market Swings?
• Stimulus Jobs "Created" In Congressional Districts That Don't Exist
• UK Minister Warns Bankers About New Rules On Bonuses
• French Bankers Say "Au Revoir" To Guaranteed Bonuses Effective Immediately
• New Swiss Bonus Rules Target Insurers And Big Banks
• UK Pension Fund Deficits Underestimated By £268 billion
• The Year America Didn't Sleep
• The Great Wallop: An End To Chimerica
• China Solar Company Opens First US Manufacturing Plant
• Turning The Wind Power Market On It's Axis
• Hope Floats On Eco-Celebrity's Recycled Plastic Boat

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• China has now become the biggest risk to the world economy
• How Does Your State Compare to California?
• Protesters Plan Huge Anti-Goldman Rally In Washington, DC
• Mauldin: If This Is Recovery...
• Greenspan Buying Gold Bars
• Gold Hits Record High Monday, Asian Shares Rise
• Rising Clout Gives China New Muscle At G2 Talks With US
• Economists See FED Raising Interest Rates Sept 2010
• Market Volatility Expected To Continue
• Wall Street: All Eyes On The Consumer
• Healthcare Debate Lawmakers' Statements Written By Biotech Company
• More US Job Hunters Looking For Work In Other Nations
• Protecting Grandpa From Investing Peril
• To The Bankers: Answer This Question
• Amid Public Uproar CALPERS To Weigh Tougher Disclosure Rules
• Will China's Consumers Save The World Economy?
• More Class Action Lawsuits Against Wall Street Firms
• Drug Makers Rush To Increase Prices Before Health Care Overhaul
• Japan Extra Stimulus Likely
• As Dollar Tumbles, America Is Up For Grabs
• Five Things The US Can Learn From China
• The Economic Cost Of Ugly Useless Christmas Gifts
• Financial Sense NewsHour
• Environmental Economics: How Much Is A Tree Worth?
• Expanding Islands Of Trash Afloat In The Ocean
• Black Carbon: An Overlooked Climate Factor

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• Home Builders Get A Gift
• Bob Janjuah: the Great Bear of Scotland
• Trading Places With The Dollar
• Bubble Fears Surface At APEC Gathering
• Chicago Fed's Evans: Accomodative Policy Likely Beyond 2010
• FED May Cause Next Crisis, Hong Kong’s Tsang Suggests
• Japan Faces Fear Of New Downturn
• China Quashes Talk Of Letting Yuan Strengthen
• Add 3 Million Jobs A Year Starting Now
• The Prospect Of Pay Cuts As The New Normal
• Changes In Mortgage Lending Coming In 2010
• Commercial Real Estate Woes Are Deepening
• Food Fight
• What Saved Bear Stearns' Managers From Jail?
• Who Will Hold Goldman Accountable?
• French Bank Robber Becomes National Antihero
• China: A Superpower Stirs
• Japan Eyes Solar Station In Space As New Energy Source
• Can Alternative Energy Save The Economy And The Environment?
• “Smart Appliances” On Their Way To American Households
• Wireless Protocols Vie For Smart Grid
• An Eco-Friendly Exit
• Tuna In Peril As Catches Reach Triple The Limit

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• Who might run industrial policy
• Job Losses Mount, Enduring And Deep
• Budget Gaps Batter States As Revenues Plummet
• Home Purchase Loan Applications At Lowest Level Since 2000
• Ohio, NJ Pension Funds Win $400 Million Class Action Against Wall St Broker
• Derivatives Reform Bill Written By Someone 'Inside The Banks'
• Millions Of Dollars Raised By Police Property Seizures
• A Federal "Water Tax" For Florida?
• Worried About Losing Tax Revenue, Congress To Examine Airline Fees
• Rural US Towns Struggle As Employers Shut Down
• 22% Florida Mortgages Delinquent Or In Foreclosure
• Rich Buying Again While Middle Class Still Scrimping
• In Recession An Old West Crime Makes Big Comeback
• I Got Suckered By Cash For Clunkers
• Frugal Forever
• Trade Deficit Widens By Most In 10 Years
• Leaps Of Faith Holding Up The Stock Market
• China's End Run Around The US
• Roads Paved With Recycled Plastic

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• Gold Finger - A New Take On Operation Grand Slam With A Tungsten Twist
• The American Economy in One Chart 
• Online bank gets unfair advantage
• White House Aims To Cut Deficit With TARP Cash
• A Look At TARP One Year Later
• Monetizing The Housing Debt
• Fannie, Freddie Warn Of More Losses
• FHA Reserves May Go "Below Zero And Stay There"
• FDIC Orders Banks To Prepay $45 Billion
• October Deficit: $176 Billion, Monthly Interest: $22.8 Billion
• When Banks Use Capital Made Of Sand
• The Great Shrinking American Dollar
• How Private Equity Will Cause Credit Crisis II
• Nuclear Scars: A Sea Of Tainted Water Beneath Nevada Desert
• The Movie Chevron Doesn't Want You To See

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• Governments Blowing a New Bubble?
• Ultimate Conditions For Recovery
• Peak Gold Could Be A Lot Of Hype, But Who Wants To Take That Chance?
• The Parable Of The Stone And The Balloon: What Happens When The Tether Breaks
• 10 States Face Looming Budget Disasters
• FED Faces Biggest Blow To Authority
• SEC Starting To Target High-Frequency Trading
• Senators Propose Bill To Apply Gambling Laws To Derivatives
• US May Wind Up In A 'Lost Decade' Like Japan
• Dollar's Trouble, Oil's Bubble
• Stimulus Job Boost "Wildly Exaggerated"
• Recession Sparks Global Shoplifting Spree
• Record Number Of Pets Being Abandoned
• The Greatest Trade Ever
• US Pressures IEA to Underplay Proximity of Peak Oil Shortages
• Two Beers With Steve Podcast - Peak Oil 
• Oil! - Discussion with Peter Maass and Ed Burtynsky
• The future of oil 
• Who Needs The Grid?
• Setting Sail Into Space-Propelled By Sunshine
• The Fight Over The Future Of Food
• Saving Seafood From Extinction

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• Energy agency warns of falling investment
• S&P Cut Ratings on Record 26,387 Home Loan Bonds Last Quarter
• Senator: 131,000 homeless vets a 'disgrace'
• Homelessness Soars In Milwaukee Area--Area Shelters Full
• Fitch Says U.K. Rating Most at Risk Among Top-Rated...(then warns about U.S. AAA Rating)
• Bill Gross on CNBC...China and Japan lose 13% on U.S. Treasuries (at 4:30 on Video)
• Banks face increase in funding costs
• Fed: GMAC to receive more bailout money
• Harvard Profs: This Crisis Is Not Over
• Crisis mode declared on deficit (New York)
• Schwarzenegger: This year's budget gap may hit $7 billion
• Ambac Financial points to possible chapter 11
• Aging boomers strain pension funds (Florida)
• Growth in Iowa's unfunded pension liabilities
• World Bank: yuan to become alternative reserve currency

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