Just how bad is the economic crisis?
From the NYT: Toyota Expects Its First Loss in 70 Years. You know things are bad when Toyota is loosing money.
Where did the money go?
From MSNBC:
Where'd the bailout money go? Shh, it's a secret
Banks unable or unwilling to disclose how they're spending billions in aid
Here is a question? Why was Congress so harsh on the automakers about their private jets when the financial industry hasn't gotten rid of their fleets and their CEO's and top exec's are making millions in bonus money?
Um, how much?
From MSNBC:
$1.6 billion went to bailed-out bank execs
Records show bonuses, chauffeurs, health club benefits, financial planning
So, basically, while I am struggling to pay my mortgage and provide for my family, these guys are living the life of Reilly. Wow, I should have gone into financ.
...And now on to the full contact sport of Politics...
At least someone has lofty goals:
From MSNBC:
Obama increases jobs goal to 3 million
‘We're going to have to be bold,’ president-elect says of economic plan
Of course the Republicans in Congress are balking and do not want to pass his stimulus package. Gee, go figure.
Because we only have 29 days left of him...
From The Politico:
Cheney and Biden trade shots
Vice President Dick Cheney took some of the toughest political shots yet in the post-election period, using an interview to belittle Vice President-elect Joe Biden’s constitutional law acumen and pointedly declined to offer his successor any advice. Biden, separately, said Cheney had been bad for the country and had not stayed within the confines of the Constitution...
You know, I scoured many different websites and could not find and glimmer of good news, except for the fact that President-Elect Obama gets sworn into office in 29 days.
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