Politics:
How’s that Troubled Asset Relief Program going? Not so well – Investor’s Business Daily
The next big task of financial reform: dismantling Fannie and Freddie – Economist
White House predicts record $1.47 trillion deficit – Associated Press
How Congress Spends Billions on Itself: Food Tab: $604,000 for Bottled Water, $152 at Quiznos – AOL News
New safe-haven currencies shine amid debt fears – Reuters
Economy:
Deflation: Bad for Japan, but Brutal for the U.S.? – Daily Finance
UK economic growth jumps to 1.1% – BBC News
Fed prepared to ease if economy weakens: Bernanke – Marketwatch
Unemployment above 7% through 2012 says Bernanke – Examiner
U.S. Housing Starts Drop to Lowest Level Since October – Bloomberg
China now world’s biggest energy user – CNN
Markets:
Rosenberg’s 17 reasons to be bullish (seriously) – FT Alphaville
With Stocks, It’s Not the Economy – Time
How profits, stocks can rise as economy stumbles – Washington Post
Shadow space haunts office market – Star Tribune
Treasuries Fall on Better-than-Expected Forecasts for U.S. Company Profits – Bloomberg
Warren Buffet’s 10 Rules for Investing – SelfGrowthEngine
Banks:
UK banks pass stress tests as seven fail in Europe – Telegraph
Federal Report Faults Banks on Huge Bonuses – New York Times
What The Financial Bill Did And Didn’t Do – NPR
Goldman Sachs Profit Drops 82%, Missing Estimates – Bloomberg