Jim Manis on Most Anything

Jim Manis can formulate an opinion about a good many things, including those about which he has little knowledge. (And some dude named "Lazlo.") Visit The MagicFactory.

Thursday, October 16, 2008

Unemployment at 6.1%, May Reach 10%:

Money is being concentrated in a few powerful hands while unemployment grows and wages shrink even further. Economists now forecast that the recession will just have to run its course, with little that government or anyone else can do about it.

In the meantime, the stock market bounces like a rubber ball, playing havoc with people's retirement, and housing prices continue to slump. According to The New York Times, the American economy has lost 760,000 jobs since the beginning of the year.

And the Good News:

Bulgaria, one of the former Soviet Block countries that the Republicans in America claimed to have freed at the end of the Cold War, is now being run by the Mafia. (See The New York Times story.)

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