Breakfast Briefing: No Escape From TARP for Banks Choking on RE Loans

• People sign petition to "increase inflation to 100%" to purposely cause hyperinflation - globaleconomicanalysis
• Bernanke: Too Early to Declare Lasting Recovery - online.wsj
• Beijing looks to real estate as growth driver - marketwatch

• Comparing Presidents' Real GDP per Capita, late 2009 edition - angrybear
• Now the Kashkari Puff Piece Makes Perfect Sense - zerohedge
• Bernanke sees headwinds continuing to hurt U.S. economy - money.cnn

• Obama: Use TARP for job creation - money.cnn
• Advertising Spending to Stabilize in 2010 - online.wsj
• Bank of America: 2/3 of Borrowers May Lose Mods - cnbc

• Elizabeth Warren: The Coming Collapse of the Middle Class: - ritholtz
• Your COBRA Subsidy Is Ending, What Now? - consumerist
• NBER Members: Recession Over, Date TBD - ritholtz

• Priority? What's That? - market-ticker.denninger.net
• U.S. hiring to pick up modestly - Manpower survey - Dec. 8, 2009 - money.cnn
• No Escape From TARP for U.S. Banks Choking on Real Estate Loans - bloomberg