Pray for a normal recession?
After the jobless report came out this morning, CNBC economist Steve Liesman said "Pray for a normal recession."
One of the cheerleaders of Wall Street tempted by the dark side?
Pray for a normal recession when the world is facing the biggest liquidation sale in human history? Pray for a normal recession when millions of our jobs have been shipped overseas? Pray for a normal recession when credit was the foundation of our success for the past seven years. Pray for a normal recession when Congress wants to now regulate the issuance of credit?
8:17 Frank: Anyone creating credit should be regulated(MarketWatch)
Anyone think its a little late for that?
Mommy, why are we loaning so much money to public homebuilders so they can help destroy the value of our homes?