Obama is our ONLY chance
Too many businesses are in too much distress. Period.
Airlines, Autos, Banking, Construction, Non Federal Government, Retail, and Restaurants just to name a few. Just the above constitute the majority of our economy. ALL THESE INDUSTRIES ARE IN VERY SERIOUS DISTRESS AND MANY CONSTITUENTS FACE SIGNIFICANT THREAT OF BANKRUPTCY!!!!!!!
Real Estate, Equity, Municipal Bonds, Corporate Bonds.....collectively represent the majority of wealth in our nation and in jeopordy of losing value as defaults start rising along many asset classes. And defaults are rising now!!!!!
At this point, our country is in a very sharp downward economic spiral. I call it concentric contraction....but quite frankly, it doesn't matter what you call it. It simply sucks and there will be a lot of road kill along its path.
Changes will have to be made. Clearly the current path is heading us toward a very negative outcome. Let's hope that any change is a better path.