Truck and Barter has the latest edition of the carnival of podcasts. It focuses on podcasts and webcasts for economic and globalization topics. If that is your thing, check it out.
Business Notes
The NYT reports that the minimum wage was just increased. Inflation, anyone?
Congress may approve "the biggest overhaul of mortgage financing since the New Deal."
The government is acknowledging the suffering of business owners everywhere by raising the gas deductible by eight cents.
The Metropolitan Money Store defrauded potential foreclosure victims out of millions of dollars by setting up fake loans and inflated appraisals. Ouch.
The Fed, in a determined effort to control inflation, said today it would "strongly resist" inflationary pressures on the economy. Translation: interest rates are going up in the not-to-distant future.
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