Hundreds of lawyers ‘bugged on prison visits’ Telegraph
Stimulus Package Will Hasten Collapse of Fannie and Freddie Dean Baker
French paradox redux? U.S. vs. French on being full PhysOrg
How Non-Borrowed Reserves Became a Sexy Subject Caroline Baum, Bloomberg (hat tip Felix Salmon). Baum explains that the negative non-borrowed reserves sightings are no cause for worry (we have some comments in an update here)
Behind the Great Firewall Guardian
Baum’s article has it right.
99.99 % of people have absolutely no idea when it comes to functioning of the reserve system – but they spread their paranoia anyway.