QE2 or austerity? And a link to Earnings

This link is important.   An official US commission gave a stunning report that our "debt is killing us".    Obviously, this goes completely against more stimulus.

http://apnews.excite.com/article/20100711/D9GT2TRG0.html

 http://www.fiscalcommission.gov/

In theory, buying a stock is like buying the Net Present Value of Future Earnings.   We know it doesn't work like that though.

Well earnings season is upon us, and this link is one of the best ways to get quick info on upcoming earnings.

http://www.busystock.com/earnings/
And finally, this interesting look at Sovereign Debt Defaults.

http://calculatedriskimages.blogspot.com/2010/07/sovereign-defaults-per-year.html