VAT:  The Folly of the National Sales Tax – Mises Daily by Eric M. Staib

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SECOND LOWEST PPI READING ON RECORD – This morning’s 5% decline in the year/year (y/y) Producer Price Index (PPI) was the second lowest reading in the history of the indicator (going back to 1948). – good commentary – Bespoke Investment Group

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Obama vs. the oil bubble - A financial regulatory overhaul could reduce huge swings in the price of crude oil and gasoline. – By Colin Barr – Fortune   
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Beware of the “Business as Usual” Mindset – By Mohamed El-Erian – PIMCO

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Readers, It is Time to Begin Defaulting on your Credit Cards – Especially if You are a Renter – Posted by TraderMark – Fund My Mutual Fund Blog