Between the failed auto bailout and NE ice storm things look bleak
December 13th, 2008 • Related • Filed Under
Our country is not enjoying a bright holiday season so far. GM announced that it was slowing production and idling assembly plants as news the Senate republicans knifed the proposed federal auto bailout. A million people in the northeast are expected to be without power for days as crews struggle to repair damage done to the electrical grid from an ice storm. If that is not enough, retailers are reporting the worst Christmas season in years as consumer spending declines with the job market.
So I am going to join friends this afternoon stringing garlands for the tree and sip some hot toddy and maybe a glass of wine.
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