Extra Credit, Monday Morning Edition

Taxpayers May Face Hurricane Tab: Think of it as the Florida version of ethanol: indefensible, but necessary because it’s such an important state electorally.

BK Judge Rules Stated Income HELOC Debt Dischargeable: The bank didn’t rely on the borrower’s (mis)representations, it relied rather on the (frothy) valuation on the house.

High Gas Prices Cause Bike Shortages in N.Y.

The economics of Scrabble

Preliminary Q1 GDP: +0.9%.

And finally, Paul Collier at TED:

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