To: KentTrappedInLiberalSeattle
Ouch...this is bad!!! These are the current unemployment numbers and do not include the new "planned" layoffs by companies like Citigroup. On the other hand, its probably the best time in the world for GM to go tyhrough Chapter 11. Any lost production during the bankruptcy process will not have an affect on the auto market because there simply is no auot market. If they make it through Chapter 11, GM would be well positioned to make hay when the economy recovers. Today is November 20 and there is good news and bad news in this economic report...Bad news: President Elect Obama becomes President Obama on January 20. Good news: President Bush becomes former President Bush the same day and takes with him the blame for this economic turndown, thus paving the way for a REAL Republican to take the reins of power on January 20, 2012!
5 posted on
11/20/2008 5:57:56 AM PST by
meandog
(Wasilla warrior in 2012!)
To: meandog
thus paving the way for a REAL Republican to take the reins of power on January 20, 2012
If we have fair ELECTIONS in 2012 (and you meant January 20, 2013, unless you know something I don't!!)
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