I am facing a tight time constraint today, so am limiting my blog to a few recommendations from elsewhere:
Victor Claar has a good discussion of monetizing debt.
Casey Mulligan has a piece on home prices.
Financial Times on the credit markets response to the new Treasury Plan.
Finally, in the news today is a report from Great Britain that the CPI for Britain increased 3.2%. That helps reduce worries about deflation but the concerns about inflation that some economists have may be real.