The Consensus On Big Banks Shifts, But Not At Treasury

Must-read post at The Baseline Scenario.

See also at ZeroHedge:

The ECB Blasts Governmental Fear-Based Racketeering, Questions Keynesianism, Believes The Fed's Powers Are Overestimated

Meanwhile, here’s an excellent set of charts on the stock and commodity markets (this is research, not investment advice; you invest at your own risk, unlike the Wall Street banks, who also invest at your risk):

The Looming Financial Holocaust - Is Closer Than We Thought ...

The Obomba market.  The failure of appeasement.