1. Benmosche: Retirement age to 70/80. 2. Food stamp recipients hit all time high. 3. Germany sells six nuclear capable submarine to Isreal. 4. Merkel conference summary: nothing. 5. Obama to buy "thingamajig". 6. Italian and Spanish funding requirements higher than IMF, EFSF and ESM combined. 7. CDS: 60% drop in US financials. 8. China purchase 100 tons of gold in April from Hong Kong. 9. FB down 40%. LOL. www.thefinancialreality.com