- The deficit problem: Dealing with America’s fiscal hole | The Economist
- The Washington establishment suffers a serious defeat – Glenn Greenwald – Salon.com
- Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle
- The Case for a Job-Creation Tax Credit – Economix Blog – NYTimes.com
- Ron Paul Defends His Plan for Fed Oversight – DealBook Blog – NYTimes.com
- FT.com – Germany warns US on market bubbles
- What Causes Employment to Lag Output in Recoveries? – Mark Thoma
- Amendment to Limit Bank Leverage Passes With Room Nearly Empty
- FDIC: Failed Bank Information – Bank Closing Information for Commerce Bank of Southwest Florida, Fort Myers, FL
- Felix Salmon: Henry Blodget Should Be Banned From The Industry
- Ohio Sues Credit Rating Agencies – DealBook Blog – NYTimes.com
- Escalation of US-China trade row biggest global threat-M.Stanley | Reuters
- In his gloomiest prediction yet, Marc Faber sees big financial bust leading to war – Business Intelligence Middle East – bi-me.com – News, analysis, reports
- Thierry Henry tells Ireland: You deserve a replay | Football | guardian.co.uk
- U.S. layoffs fall in October | Reuters (Big companies are laying off less.)
- Cuts will cost British universities their international reputations (It’s not just US schools.)
- BBC News – Deflation returns to the Japanese economy
- BBC News – Volkswagen to invest billions to increase production (Aren’t we awash in productive capacity?)
- The Twenty Year Stock Bubble Is Still Inflated — John Lounsbury
Distraction of the Day: Look what U.S. Customs found. (video embedded below)