Politics:
What They’re Not Telling You about the Deficit – New York Times
Obama’s message to voters: Things could be worse – Associated Press
Report: BP used excessive dispersants in Gulf oil spill(Coast guard Allowed it) – CNN
Speaker Pelosi wants pre-election tax cut vote – Reuters
IMF Says U.S. Financial System May Need $76 Billion in Capital – Bloomberg
Economy:
China overtakes Japan as No. 2 economy – The China Post
Two economists say in new paper that TARP worked – The Washington Post
The crisis of middle-class America – Financial Times
Steep decline in GDP growth raises alarms – LA Times
Jim Rogers predicts a new recession in 2012 – Telegraph
Retirement? You Must Be Kidding. Workers Are Emptying Retirement Plans To Stay Afloat. – CrooksandLiars.com
Greenspan Says Decline in U.S. Home Prices Might Bring Return of Recession – Bloomberg
Chinese Manufacturing Grows at Slowest Pace in 17 Months as Economy Cools – Bloomberg
Markets:
Wall Street marks best month in a year in July – Reuters
Stocks, dollar ease as soft U.S. economic data – Reuters
Oil rises to near $79, gains 4.35 percent in July – Reuters
Gold lost most since December as safe haven fades – Reuters
Banks:
Growth of Problem Banks (Unofficial) – Calculated Risk
Goldman reveals where bailout cash went – USA Today
