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With today's report, the odds of a negative quarter of GDP growth have increased substantially, and the chances of a full-fledged recession just went up -- perhaps approaching 50-50. Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect. Bill Cheney
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Where I get frustrated is when we use government tax dollars to identify problems, we have developed a solution with our government tax dollars, but we have a reluctance to step in and mandate the solutions. What we lack sometimes is the political will to eliminate some of the risks that are still out there. Jim Hall
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We've become persuaded that, after two years of trying to reform the national AFL-CIO, it is unwilling to change,
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We can be tired, weary and emotionally distraught, but after spending time alone with God, we find that He injects into our bodies energy, power and strength. Charles Stanley