Politics
“Obama Plans to Raise as much as $120B from Bank Fees” – Bloomberg
“House panel asks Paulson to testify in AIG probe” – Reuters
“Moral Bankruptcy: Why are we letting Wallstreet off so easy?” by Joseph Stiglitz – Mother Jones
“Financial panel’s head wastes no time in going after bankers” – Miami Herald
“America’s bail-out bill: Cheap as chips?” – The Economist America is touting the low price of its financial bail-out. It may be too optimistic
Economics
“Not Just Another Fake” – The Economist The similarities between China today and Japan in the 1980s may look ominous. But China’s boom is unlikely to give way to prolonged slump
“The Trap” – The Economist The curse of long-term unemployment will bedevil the economy
“Greek Bonds Fall as EU Says Budget Deficit Forecast Unreliable” – Bloomberg
“Employment Future: The Decade Ahead In Jobs” – NPR What will job growth look like going forward?