Tuesday Morning Links

MUST READS
The Housing Bottom is Here – Calculated Risk
Forty States Sign On to ‘Robo’ Settlement – CNBC
Debt crisis and Greek debt talks: live – Telegraph
Greece exit would not end euro, says EU commissioner – BBC
Citigroup: Risk of Greek Exit From Euro Has Risen to 50% – WSJ
Bernanke testimoney likely to back low-rate stance – Washington Post
Europe’s Banks Reluctant to Lend to Companies in Need of Cash – DealBook
Study links low intelligence with right-wing beliefs – Globe & Mail
To Rush Limbaugh: A Lesson in Seasonal Adjustments – Bondad Blob
Never Mind the Tax Cheats – Go After the Tax Code – Bloomberg
Illusion of Recovery – Feelings Versus Facts – The Burning Platform
Withholding Consent from the Khan – Mises

MARKETS/INVESTING
Oil drops below $97 as traders eye US supplies – AP
Gold eases towards $1,710/oz, all eyes on Greece – Reuters
State media: Iran is ready to ban oil exports to Europe – CNN
Stock gains turn hedge fund losers into winners – Reuters
China gold imports surge 250% in 2011 – Commodity Online
A Closer Look at Bubbles: Natural Gas & Gold – Profitimes
The two sides of the Gold coin – Peter Brandt
Grumpy Old Permabear – Financial Armageddon
It’s 1980 Again – Mises

ECONOMY/WORLD/HOUSING/BANKING
Last word: BLS Decennial Census Adjustment – TBP
Participation rate shows a troubling trend – Sober Look
Fiscal policy: What does ‘Keynesian’ mean? – voxeu
The Downward Mobility of the American Middle Class – Robert Reich
China to Aid Home Buyers to Balance Crackdown on Speculators – Bloomberg
China growth estimate for 2012 cut to 8.25% – China Daily
Greece to Eliminate 15,000 Government Jobs – NY Times
If Greece Doesn’t Reform, ‘It Can’t Expect Solidarity’ – Spiegel
How did Australia avoid the 2009 recession? – The Money Illusion
Japan Adopts Stealth Intervention to Slow Yen Gains – Bloomberg
Mortgage servicers to begin using new HAMP standards in May – Housing Wire
The Federal Reserve’s Explicit Goal: Devalue The Dollar 33% – Forbes
Fed should raise rates in 2013, Bullard says – Reuters