Archive for the ‘depression’ tag
Recession Is Good For The Environment
getting kinda hot in here
Houston, and everywhere else in the nation, we have a problem.
In the latest “Direction of Country” Gallup tracking poll, 87% of respondents said we were on the wrong track.
In another recent Gallup poll about the level of environmental concern, 61% said we should be doing more on global warming, and 68% continue to think we should act even if other countries, like China, do less.
Driving less would be one way to improve matters. And yet the recent news from the US Department of Transportation estimates that Americans will drive nearly 80 billion fewer miles in 2008 than we did in 2007 is greeted as a sign the country is on the wrong track, not the right track. Read the rest of this entry »
When Will Hank Paulson Be Done Wrecking The Country?
He’s got less than two months to do it, but it’s possible that by the time Obama gets into the hot seat, America may be in a very nasty depression. Take Hank’s words of wisdom for example on NPR.
November 13th.
Nobody is asking themselves anymore is there some major institution that might fail…
November 23rd
Ten days later and Citigroup’s stock is trading at well below the level where many institutional investors have to sell. Citigroup and the Government meet over the weekend to create a “bad bank” backed by the Government to park all Citigroup’s ‘toxic’ junk, so the bank can rebuild at taxpayer expense
Please, Hank, just go away.
