L.A. Times | Wall Street followed Europe in a broad sell-off following a 7.3% overnight plunge in Japan’s stock market.

Reuters | Millions of Italians cannot afford to heat their homes properly or eat meat as their country is racked by recession and soaring unemployment.

Economic Collapse | The Velocity Of Money Is At A 50 Year Low.

Brandon Smith | The foundation of the Soviet model of trade and investment was centralization under the guise of “universal public ownership”.

Economic Collapse | What is going to happen when the greatest economic bubble in the history of the world pops?

J. D. Heyes | United States is not immune to political and economic events that besiege other nations.

Paul Craig Roberts | You know that gold bear market that the financial press keeps touting? The one George Soros keeps proclaiming? Well, it is not there.

Paul Craig Roberts | There has been a statistically improbable concurrence of events that can only be explained as a conspiracy.

Reuters | Move may prevent firm from facilitating purchase and sale of Bitcoins in U.S. dollars at a time when use of Bitcoin and value has mushroomed.

Economic Collapse | The middle class American worker is in danger of becoming an endangered species.

zerohedge.com | Outspoken truth-sayer discusses the realities of the end of the gold standard.

hosted.ap.org | House bill would cut about $2.5 billion a year.

Yahoo! News | Summer break has started very early for kids in one Michigan school district.

Paul Craig Roberts | There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver.

Economic Collapse | When is the economic collapse going to happen? Just open up your eyes and take a look around the globe.

BBC | No information concerning allegations against him was given.

Detroit News | City’s cash flow running in the red, ability to borrow exhausted.

Michael T. Snyder | Would you take out a loan that has an annual percentage rate of 391 percent?

Stefan Steinberg | Rapidly worsening economic crisis in Europe and the emergence of mass opposition to austerity policies in Europe.

washingtonpost.com | Total mail volume fell to 38.8 billion pieces from 39.4 billion pieces.

Michael Snyder | The legal claims on physical gold far exceed the amount of physical gold that the banks actually have by a very, very wide margin.

Michael Snyder | There are a dozen significant economic indicators that are warning that the U.S. economy is heading into a recession.

Economic Collapse | If the American people truly understood how the Federal Reserve system works and what it has done to us, they would be screaming for it to be abolished immediately.

Reuters | “Wells Fargo and Bank of America have flagrantly violated those obligations, putting hundreds of homeowners across New York at greater risk of foreclosure.”

Paul Craig Roberts | Let’s take a walk through the BLS report and you can arrive at your own conclusion.

East Valley Tribune | Would have put gold and silver coins and bullion on the same level as Federal Reserve notes.

Economic Collapse | The percentage of Americans that are working for themselves has never been lower in the history of the United States.

Washington’s Blog | More and More People Are Staring Into Our Fishbowl.

Economic Collapse | The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer.

Weekly Standard | Most of us will be lucky to make $2 million in our entire lifetimes.

Lew Rockwell | Chairman Bernanke may believe there is no inflation, but try telling that to seniors who are on a fixed income.

Telegraph | Savers and investors face further “wealth confiscation” in Europe as continent struggles to resolve single currency’s problems, bank chief states.

Matthias Chang | Eric Holder is right when he said that bankers cannot be prosecuted for the losses suffered by the bank.

New York Times | Bags of cash have been dropped off every month or so at the offices of Afghanistan’s president — courtesy of the CIA.

patriotpost.us | It almost sounds as if Jefferson knew what was coming.

Globe and Mail | Between the bamboo bicycle from the Philippines and the Sri Lankan pouches of coffee, is Canada’s contribution: a basketball and a map.

Rolling Stone | The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There’s no price the big banks can’t fix.

Washington Post | The IRS estimates that at least 21 percent of its EITC payments in 2012 were faulty.

Infowars.com | Former Congressman Paul talks about last week’s huge gold dip.

Zero Hedge | Says euro zone members must be prepared to cede control over certain policy domains to European institutions…

Fox Business | IRS to cut 5-7 random days from workers’ hours this summer, leaving them unpaid because of the “sequester.”

Wall Street Journal | German Finance Minister effectively torpedoed Europe’s plan for joint banking supervision.

FireDogLake | President Obama and Congress decided that congressional staffers should be able to escape transparency.

blogs.wsj.com | Precious metals are taking it on the chin yet again Monday morning.

washingtonsblog.com | Debt on debt on debt.

The Guardian | Less than a month after deal was agreed bailout bill has risen to €23bn – larger than entire year’s output from country’s economy

Chris Mayer | Employment should be a residual, the end result of a free people making their own choices.

CNS News | OMB expects Obama to become the first president to spend more than $4 trillion in one year.

Mike Adams | Alternative media nails it.

Economic Collapse | The big banks are breathlessly proclaiming that now is the time to sell your gold.