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It's a Recession, Really
For those of us waiting for two consecutive quarters of shrinking real GDP before we declare a "real" recession, we can stop waiting. But some perspective is in order. It's not that bad so far.
It's a Recession... Congress Gives Lawmakers $93,000 More to Spend (Video)
It's a Recession... Congress Gives Lawmakers $93,000 More to Spend (Video)
gatewaypundit.blogspot.com — Beautiful. Congress gives $93,000 more to each lawmaker this year in spending money. It takes a lot of money to spend other people's money: Video from Bulls and Bears . (more) It's a Recession... Congress Gives Lawmakers $93,000 ...
CBO Predicts Recession Will End in 2009 Without Stimulus
gatewaypundit.blogspot.com — The Congressional Budget Office predicted that the current economic recession will end in the second half of 2009 without the trillion dollar stimulus. From The Budget and Economic Outlook: Fiscal Years 2009 to 2019 (pdf): CBO anticipates that the ... (more) CBO Predicts Recession Will End in 2009 Without Stimulus
Governments across Europe tremble as effects of global recession prompt angry people to take ...
guardian.co.uk — France's trade-unions call on workers to strike all over the country Arcellor Mittal workers demonstrate during a protest march in Marseille. Photograph: Jean-paul Pelissier/Reuters (more) Governments across Europe tremble as effects of ...
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Sunday morning links
Maggie's Farm — ...  And is this recession really so unique? If any things are unique about it, they are the fragile banks and that it is globally simultaneous. ...

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Magazine Preview: The Big FixNYT > Politics 1/28/2009
The challenge for the Obama administration is transforming the economy when Wall Street and Silicon Valley aren’t able to. >