Politics:
L.A. budget crisis threatens jobs, credit rating – Reuters
How the New Campaign Finance Rules Will Change Politics – Mint.com
Economics:
Nobel laureate Krugman: ‘Dark age of macroeconomics’ is upon us – MIT News
A Decade of Unemployment – Visual Economics
Markets:
China’s surprise monetary tightening shatters calm – Financial Times
Beijing Seen Vacant for 50% as Chanos Predicts Crash – Bloomberg
Dollar Rises on Debt Woes in Greece, Dubai Spur Safety Demand – BusinessWeek
CREDIT MARKETS: Plan To Buy Delinquent Loans Shakes MBS Market – WSJ