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Wednesday, April 2, 2008 12:00 AM

The Great Depression: The sequel

Is it coming to a soup kitchen near you? Here's how we'll know if the current recession is turning into something much worse.

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  • Tuesday, April 1, 2008 10:37 PM

    Yes calling a spade a spade

    I read this article and totally agree with it the people on capital hill need to pull their heads out of there you know whats and deal with this problem. Instead of spending billions of dollars on a war we cannot win, spend it hear at home. Their over there fighting waisting money so the big ass holes on capital hill can continue to line their pockets just to fight for oil. It has never been about winning the war to free Iraq it's about oil, I also heard from a friend of mine who was in the first Iraq war that they had Hussein the first time and were told to let him live or not arrest him I am sorry but that is a bunch of garbage. The next issue by letting mortgage companies go on a sliding interest scale they self handedly ruined themselves and letting people take these non fixed interest rates and now they are ending up with all these houses that they cannot get their money back out of them, if they would have been up front with people who had no buisness buying a house in the first place they wouldn't be in this perdicament. How long can we keep this recession from happening it is going to happen it is inevitable anyone who knows economics knows that. Quit screwing with interest rates and let it happen instead of putting it of longer and longer they are just gonna make it worse, Just let it happen. The government that is.

    Informed Reader

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