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Worth Reading

Has housing become a bright spot? Existing sales up for 3rd-straight month.

Congestion pricing comes to LA freeways. 

The Fed tries to tries to protect its home turf with stricter loan rules.

All you ever wanted to know about the output gap.

Ezra Klein: The Fed saved the economy. (BTW, Greider is no Allan Meltzer.)

Genetics can account for up to 50% of superior intelligence.

Tim Fernholz talks to Phil Angelides, Congress's chief financial-crisis investigator.

--Zubin Jelveh