What we’re Reading 7-29-11

Conditions for the next crisis are firmly in place Financial Times
Larry Summers the Cable Guy The WSJ
The End of the Growth Consensus  The WSJ
How Spending Cuts—Not Higher Taxes—Saved Canada The WSJ
Obama’s Debt-Ceiling Scare Tactics The WSJ
Why the Fed Is Not Independent The WSJ

Portfolio SizeUp to $500,000 $500,000 to $1 million $1 million to $2 million $2 million to $5 million $5 million and above