Fiscally nuts. Socially insane.
Friday, November 14, 2008
And That is a Recession
You know what? It's not the Dow dropping, not the fact that the media says we're in a Recession. It's not the unpaid mortgage loans, the need for a $700 billion bailout, or the debt clock running out of digits. It's the fact that Citigroup will be cutting over 10,000 employees. And you can say the Wall Street businessmen are evil, they don't care, and they were alright with pulling the plug on these guys. But you really know that somewhere, some guy had the responsibility of crossing off names from a list, of choosing which man would no longer be able to support his family. And you know he lost sleep over it. That is a Recession.