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Here's what we're following this morning:
(via The Telegraph)
TBTF banks are laughing all the way home thanks to HARP - Economic Musings Blog | HARP is/was The Home Affordable Refinance Program. What was supposed to be a boon to the underwater homeowner actually turned out to be a cash cow for the banks "servicing" those homeowners.
Is the EuroRescue plan coming unglued? - Naked Capitalism | Absent a 2008-level meltdown, it appears as though the Germans won't give Draghi what he wants.
Spain's government to charge illegal immigrants for healthcare - El Pais | They must not have an election this year.
Inside the latest jobs report - Paul Craig Roberts at Counterpunch | The purpose of the jobs report isn't necessarly to report jobs data. It's to suppress revolt.
Fed official calls for bond buying - Wall Street Journal | Markets: "Please please please please please please please please more QE." Non-voting Fed members: "Ditto." Fed members who actually matter: "Meh."
If the Iraq war is over, why are we still losing money? - LA Times via Truthdig | We sure do know how to find a hole and throw money in it!
Geithner and Treasury killed the non-union Delphi worker's pensions - The Daily Caller | The move appears to have been made SOLELY because those retirees were NOT members of labor unions. All are created equal...but some more equal than others.
A little perspective on what lies ahead - Charles Hugh Smith | Even if we throw off the yoke of the Fed, we have a mountain of pain to climb.
The unintended consequences of well-intended policies - Testosterone Pit | It takes a 1752 paper to remind the bozos what's important: save in good times in order to spend during bad times. Countries seem not to be able to live within their means ever, ever again.
Totally not-Photoshopped pics from Mars - CuriousityCam via Boing Boing
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