- California's unemployment rate reached 10% today.
- No one thinks Citigroup stock is a bargain at $1.50 a share.
- The Gross Domestic Product shrank 6.2% in the fourth quarter of 2008 -- the worst drop in 25 years.
"I am growing increasingly concerned about the government's spending money they don't have to overcome and economic problem caused by people spending money they didn't have." - BKM Spot on, bruther. Spot on. All politics aside (puuuhleeeze), I'm almost on the verge of raising my Economic Terror Level Warning to "Truly Frightened." I've never seen anything like this.
at 7:58 PM