Tuesday morning links

TOP STORIES
Curveball Alters Talks on Wall St. Reform - NY Times
Australia Central Bank Keeps Rates Steady, in Shock Move - CNBC
China Property Market ‘Bubble’ Set to Burst, Xie Says - Bloomberg
Obama Budget Seeks $1.9 Trillion Tax Rise on Richest, Business - Bloomberg
Obama's $3.8 trillion budget calls for jobs assistance, tax changes - Washington Post
Volcker Rule: Dead on Arrival? And is Obama a Lame Duck? - Naked Capitalism
Huge Deficits May Alter U.S. Politics and Global Power - NY Times
Social Security could be next to need a bailout - Washington Post
Wall of Junk Debt Maturities Looms, Moody’s Says - NY Times

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MARKETS/INVESTING
Oil rises past $75 amid improved economic data - AP
Gold extends gains above $1,110 as dollar slips - Reuters
Dollar slightly lower versus euro as Greek worries ease - MarketWatch
Reported Earnings versus "Owner Earnings" - Hussman Funds
Gold timers eager to declare correction over - MarketWatch
Selling Stampede? - Saut, Raymond James

ECONOMY
A Scoop of Double-Dip - Barron's
Obama Administration Unemployment Forecast - Calculated Risk
Obama wants $30 billion in TARP for small business loans - Reuters
Consumer Spending in U.S. Increases for Third Month - Bloomberg
Factories Fueling Modest Economic Recovery - Time
The Jive Economy - Kunstler, CFN

INTERNATIONAL
Japan Post Bank urged to diversify holdings - FT
Germany May Buy Stolen Swiss Bank Account Data - Bloomberg
Australian central bank unexpectedly holds rate steady - MarketWatch
Royal Bank of Scotland to pay top talent 'cash bonuses’ - Telegraph
20 reasons Global Debt Time Bomb explodes soon - MarketWatch
China Regulator Said to Seek to Curb Third Mortgages - Bloomberg
Greek PM says country faces speculative attack - Reuters
Davos, the Contrary Indicator - Slate

REAL ESTATE
FHA default rate foreshadows a crush of foreclosures - Washington Post
The Next Leg Of The Housing Crisis In Five Simple Charts - Zero Hedge
Short sales soar while foreclosure sales slacken - Las Vegas Sun
Loan mods as shadow inventory? - O.C. Register

FED/TREASURY/BANKING
Tom Hoenig For Treasury - Baseline Scenario
Congressional threat to the Fed already affecting market - MarketWatch
Fed Says Fewer Banks Tightened Standards for Lending - Bloomberg
The Myth of the Fed’s Exit Strategy - Zero Hedge

INTERESTING
Cat predicts 50 deaths in RI nursing home - Telegraph
Without groundhogs, Alaska to celebrate Marmot Day - AP
How to Fall 35,000 Feet—And Survive - Popular Mechanics
Punxsutawney Phil: The Groundhog Behind the Myth - LiveScience

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