Updates on Economy

Financial collapse, bankruptcy, debt explosion, and bailout headlines:
NY Times: President Obama Faces a Tsunami of Citizen Wrath & Rage
Rolling Stone Magazine: "It's over - we're offically, royally f--ked . . ."

Alternet: "This crisis is far bigger than almost anybody has admitted"

Dmitry Orlov: Welcome to "Fluffland", Formerly Known as the U.S.A.

Charles Hugh Smith: "What is about to happen is unprecedented . . ."

Reuters: "G20 must help the poor or they risk civil disintegration . . ."

Naked Capitalism: Geithner Should Go to Prison for What He is Doing

Market Watch: "Fed has crossed rubicon and set a financial firestorm"

Market Watch: "The crazy gold bugs are both triumphant and terrified"

Los Angeles Times: Economic Crisis is Ripping Holes in New York City

Seattle Times: 78% of Americans Have 1 Month or Less of Cash Saved

NY Times: Familes Find Their Apartment Deposits Going Up in Smoke

USA Today: American Families Filing for Bankruptcy at Record Rates

Yahoo News: Americans Fear Home Price Collapse is Accelerating

Financial Times: Big Banks Pushing Borrowers Into Even More Trouble

Post Star: Homeland Security Investigating Large Ammo Purchases

Reuters: In Credit Drought, U.S. Automobile Dealers Battle to Survive

Wall Street Journal: Dealerships' Inventory of Small Cars Stacking Up

Wall Street Journal: Russian Company Default May Send Shockwaves
MSN Money: Market Crisis Creating "Economic Exiles" on Main Street

Market Watch: Most Americans Only One or Two Paychecks from Ruin

Market Watch: Goldman Sachs & Friends Operate as "Mafia Kingpins"

Jim Jubak for MSN Money: Financial Crisis a Giant "Looting Operation"

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