Despite the passage of the stimulus package, the proposed Homeowner Affordability And Stability Plan, and the feverish bank bailout negotiations, the economy continues to free fall. The tentative unemployment numbers for February are dire. According to preliminary reports, another 650,000 individuals were laid off last month. ...
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The government has sunk (understatement alert) a lot of money thus far trying to move the country out of this recession. As of this writing, their attempts have proven futile. “Why”, you may wonder, “have we spent all of this money and it has not helped?” Comparing our economy to a human body accurately...
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Now that a weak, and underfunded stimulus plan has been voted on by the Senate and is on its way to conference, let us turn our attention to something a bit more important: the looming collapse of our financial sector. In the midst of the political squabbling over the stimulus plan, we missed the fact that the $750 billion bank...
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