As I watch our country slip deeper and deeper into economic depression (yes – this is a depression, like it or not), I often wonder how bad it’s going to get, how things will look on the other side, what will finally get us to the other side, and what this all means in the […]
Update on Nov 18 @ 9:30am: Jonathan Cohn at The New Republic makes a good case for an auto bailout with conditions. Without one, Chapter 7 (liquidation) might be Detroit’s only other option. I’m deeply torn about what our government should do about GM, Ford, and Chrysler – a fact that doesn’t sit well with […]
The more time passes, and the more that I learn about America’s crumbling financial system, the more I think maybe we should just let it all burn. You know, start over from scratch.
I don’t know about you, but I’ve been riveted to the news the last few weeks as we watch our economy self-destruct. If you’re going solely by anecdotal evidence, or by watching the stock market indexes, things might not seem all that bad. But, if you start digging into the subject in-depth, you begin to […]