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Homeowners walking away from underwater mortgages - MiamiHerald.com Strategic default on the rise. Economics and Moral Courage - Llewellyn H. Rockwell, Jr. Anecdote contrasting von Mises and Hans Meyer Government Porkfare Is No…

GM puts Opel sale signing on hold "European Union concerns that Germany rigged the sale to Magna to save jobs" Despite the recession, Westfield London is celebrating its first anniversary Same thing is happening in the…

US Treasuries: "Risk free" for How Long? - Megan McArdle This is the widely-believed default canard. Latin America nations defaulted because of foreign currency debt. Japan issue debt in their own currency. They cannot…

The Problem is Not TBTF, but TDTR - Yves Smith TDTR means Too Difficult to Resolve Economist's View: "The Death-Defying Dollar" Long-term weakness but no collapse. Paul Krugman - The Chinese Disconnect - NYTimes.com…

FT.com - SEB back in black as Baltics stabilise Return to profits. Again, all is seemingly well in banking FT.com - China must keep its eyes fixed on the exit "While we have avoided the worst recession since the Great…

Obama's approval rating back to 50 - POLITICO.com This is tied for the lowest yet. Calomiris: Maybe He Slept Through 2008 -- Seeking Alpha Debunkng certain economies of scale arguments for TBTF Volcker Has Obamas Ear, but Not on…

Android 2.0 gets Facebook integration and a car mode With the 4G iPhone coming, will it be enough? FT.com - Apple leaps ahead with 47% profits surge No one's complaining about this, are they? RUMOR: Verizon and Apple Already…

BB&T report slumps as credit issues weigh | Reuters And they are generally considered better managed. More investors overweight equities: Citigroup | Reuters Even more evidence of an asset-based recovery Government banks…

Supply-Side Economics, R.I.P. | Bruce Bartlett Repudiation of Bush. Not all tax cuts are created equal. How Hillary Clinton Was Reborn As Secretary of State -- New York Magazine Is her star rising? Another Goldman executive…

Breaking the last racial taboo - Ben Smith - POLITICO.com Bill de Blasio puts interracial marriage on display Google Brings Back The Growth In The Third Quarter. It looks like Google's firing on all cylinders. Obama wins first…