DEEPER IN DEBT (Hat Tip: Nancy Jacques)

Broken Record Obama Lashes Out at GOP on Economy – Pushes for Tax Increase

Fiscal Fraud of Obamacare Snowballing Already (Hat Tip: Brian B.)

U.S. Inflation to Approach Zimbabwe Level, Faber Says (Update2) (Hat Tip: Brian B.)

Goldman Sachs sold $250 million of BP stock before spill (Hat Tip: Jean Stoner/Lisa)

More States May Create Public Banks (Hat Tip: Brian B.)

Owners Stop Paying Mortgages, And Stop Fretting (Hat Tip: Brian B.)

US Economic Recovery of Lies

Morning Bell: Obamacare’s True Costs Coming to Light

NY Nearly Goes Broke Again, Delays Paying Bills

Stocks, Oil Drop, Treasuries Rise on Concern Middle East Tensions Growing

Iran to sell 45 billion euros, buy dollars, gold

SurvivalBlog:

Mirror, Mirror, On The Wall

Paying a price for risky schemes; Derivatives meltdown costs metro Atlanta entities $394 million

Soaring costs force Canada to reassess health model.

BP Shares Plunge as Company Struggles to Plug Leak

Euro Hits New 4-Year Low Against Dollar

Canada Raises Interest Rates

Hewlett-Package to Cut 9,000 Jobs; Restructure 6,000 of Them

Construction Spending Jumps 2.7% in April [JWR Adds: Of course a lot of that was “stimulus” driven, using nonexistent dollars.]

The US Economic Collapse Top 20 Countdown

The Looming Financial Holocaust is Closer than We Thought

Spain Races to Halt Bank Crisis as Euro Slides

401(k) as Dangerous as the Dollar