THE BASIS POINT

Linkage: Rates must rise globally

-LA Dodgers File For Bankruptcy (LA Times)
-Interest Rates Must Rise Globally (Reuters)
-Web usage: Facebook vs. Rest of Web (AllstarCharts)
-US Teachers Work Longest Hours (RealTimeEconomics)
-End of QE2 Means Surge of Treasury Issuance (ZeroHedge)
-Turntable.fm: 2011’s Most Exciting Social Service (TheNextWeb)
-Forget Farmville, Now Your Can Sell Weed On Facebook (Mashable)
-False Profits No More: Corporate Revenues To Surge (InvestmentNews)