Updates on Economy

NY Times: Hurt by the Economy, Europeans Begin Venting Their Anger

Washington Post: U.S. Economy Shrinks as Layoffs Continue to Mount

Washington Post: Seven States See Unemployment Rates Over 10%

NY Times: "Portland's docks are a snapshot of diminishing fortunes"

USA Today: "Crisis has obliterated any chance of financial stability"

Forbes Magazine: "California appears to be barreling towards a cliff"

Economist: "Silicon Valley may be entering another nuclear winter"

Economist: "Geithner's toxic asset plan a measure of desperation"

Bloomberg: Soros Says Commercial Real Estate to Fall Another 30%

Financial Times: "U.S. government will need to beg, borrow, steal . . ."

CNN Money: Thanks to Wave of Bank Failures, FDIC Has its Hands Full

Catherine Austin Fitts: Credit Unions Being Targeted by the Big Banks

Catherine Austin Fitts: "Financial covert operations are on the move"

Alternet: Why Wealthy Suburbs May Become the Next Ghetto Slums

Alternet: Crisis is Way Bigger than Dead Banks & Wall Street Bailouts

Wall Street Journal: Businesses in China Face Emptying Order Books

NY Times: Fears Grow that Credit Crisis Will Set Off Another Oil Crisis