Friday, January 02, 2009

The Year Begins

There's a great deal to happy about that 2008 is over. This was the headline to a story in the Post yesterday morning:
Wall Street's Final '08 Toll: $6.9 Trillion Wiped Out

Happy New Year indeed.

Then in today's post is a story which well read for yourself from two of Bush's top advisers. One can only say what fantasy world on these two living in. This is another in a series of attempts to reform Bush's image before he leaves office. Revisionist history before any of the history had even been written.

But in less than 20 days Bush will be gone. The healing can begin. Our long nightmare will be over.

There is so much to do so much to fix so much to make right. It will take a great deal and each and every one of us is going to have to help out.

Obama will be in DC by Monday. He will be discussing with Democrats how to frame a stimulus package. Something that is needed as soon as possible. The long it takes to pass the longer it will take to implement. Realistically anything that passes now won't have any type of impact on the economy until late spring or early summer. So the the sooner it is done the better.

The next shoe to drop economically will be in the retail industry. Seems Christmas was a complete and total bust. There are predictions that thousands of stores could close. That malls will close as well. It will be a big hit on the economy. More importantly it will be a big hit on the American psyche which is almost as if not more important then the actual economic events taking place.

At the end of 2009, we might be waxing nostalgically for 2008.

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