Greece Back at Center of Euro Crisis as Spain Yields Soar – Bloomberg  “Europe was plunged into fresh market turmoil as this week’s visit by Greece’s creditors rekindled concern the currency union will splinter and the first call for bailout aid by a Spanish region caused borrowing costs to surge.”

Blaming the Spanish Victim as Europe Spirals into Summer Crisis – Telegraph  “It is time for Spain and the victim states to seize the initiative. The financial credibility of Spain is close to zero. Fiscal credibility is zero. Political credibility is zero. The new government of Mariano Rajoy has squandered the advantages of its absolute majority in a matter of months, and completely lost the confidence of Europe’s institutions.”

8,753,935: Workers on Disability Set Another Record in July; Exceed Population of 39 States – CNS News  “The 8,753,935 workers who took federal disability insurance payments in July exceeded the population of 39 of the 50 states. Only 11 states—California, Texas, New York, Florida, Illinois, Pennsylvania, Ohio, Michigan, Georgia, North Carolina and New Jersey—had more people in them than the number of workers on the federal disability insurance rolls in July.”

Bleak Jobs Outlook Raises Heat on Fed – Financial Times  “The US will make little progress tackling high unemployment before 2014 unless the Federal Reserve eases policy further, one of the central bank’s leading officials has warned in the run-up to a meeting next week where the option of ‘QE3′ will be on the table.”

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