'No taxpayer bailout!' rhetoric wears thin 
Commentary: Who else can foot the bill in financial disasters?
By Lou Barnes, Friday, June 18, 2010.
New data tilts toward slowdown. The Philadelphia Fed index surprised on the downside, at half its forecast; new unemployment claims rose (this might be BP's gift to the Gulf); single-family housing starts and permits fell off cliffs, at 17.2 percent and 5.9 percent, respectively; and core CPI rose only 0.1 percent.
Manufacturing has been the only strength, with industrial production gradually crawling out of a hole but still 7.9 percent below 2007.
Long-term rates are holding lows nicely, with the 10-year T-note near 3.2 percent and lowest-fee mortgages just under 5 percent.
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