great summary article on how the economy is right now

http://www.usatoday.com/money/economy/2008-03-04-local-differences_N.htm

and here's a scary CNN video about our soon-to-be depression:


http://www.spikedhumor.com/articles/144747/US-Depression-Coming.html

Why Greenspan, Congress, the President, economists and others blissfully drove us here, I'll never understand. Since we're in deb a gajillion dollars instead of having a surplus to fall back on, we're screwed.

Comments

Anonymous said…
Why? because it is the US taxpayer who is screwed, not the elites running the country. They know the party is over anyway due to peak oil and climate change and in the last 7 years they've made billions for themselves and the corporations they represent. As the recent bailout of Bear Stearns highlights - it is the US taxpayer who will be left holding the tab.
April 23, 2008 at 11:47 PM
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