Money News – Employers to see 2012 medical costs jump (boy, did NOT see that comin’!)
JS Online – Rock-Tenn Co., a cardboard and paper packaging supplier based in Georgia, will permanently close its plant on the northwest side of Milwaukee and lay off 199 workers, according to a filing with the Wisconsin Department of Workforce Development.
MunKnee – Top myths on the US debt-ceiling crisis
Bullion Bulls Canada – The silver take-down: Anatomy of a crime
The American Dream – America is rapidly bleeding wealth and jobs: 28 statistics about the gutting of the US economy
Whiskey & Gunpowder – The great myth of the inflation cure
The Market Oracle – The federal debt default tornado is coming: Prepare your storm shelter
Global Economic Analysis – Inquiring minds are digging deeper into China’s bank credit bubbles, fixed asset investment bubble, and property bubbles. Please considerCloser Look: 100 Trillion Yuan in Banking Assets on Caixin Online.
The Daily Bell -A Mises Media classic: Money, banking and the Federal Reserve
Seeking Alpha – Today’s update on new housing starts and building permits for April isn’t surprising, but it’s still not encouraging. Permits slipped 4% last month and are down by nearly 13% from a year ago. Housing starts look even worse, falling nearly 11% in April, pushing the seasonally adjusted annual rate down by 24% vs. the year-earlier number.