Economic Headlines To Catch Up On, 1.4.2011

There a numerous stories about different aspects of the economic crunch; too many for this lone writer to cover as fast as they are coming in….so here’s a wrap-up for you to peruse.

MarketTicker:

More Back-Door Bailouts (BAC This Time)

Where We Are, And Where We’re Headed (2011)

Economic Collapse:

Economic War

The Shadow Banking System: A Third Of All The Wealth In The World Is Held In Offshore Banks

17 National Debt Statistics Which Prove That We Have Sold Our Children And Grandchildren Into Perpetual Debt Slavery

The Working Poor

Zerohedge:

Here Comes The Push To Repeal Obamacare, As Goolsbee Starts The Mutual Asured Destruction Charade On Raising The Debt Ceiling

Observations On The Latest Debt “Inflection Point”, And Why Bernanke Has At Most 5 Months In Which To Announce QE3

Business Insider:

Price Inflation to Pay the Debt

Is Obama About To Hire A JPMorgan Exec To Be His Chief Of Staff?

There’s One Huge State Budget Crisis That Everyone Is Refusing To Talk About

The Story Of 2011 Will Be The Second US Housing Crash

And a piece from Obama’s favorite economic mouthpiece, Robert Reich:

The Republicans Are Telling A Big Economic Lie, And Obama Is Letting Them