Thursday, November 20, 2008

The Crunch

Three more laid off yesterday. The crunch is on. The unemployment stats are around 6.3% for the state of Washington. During the height of the depression it was much higher around 24%. As a company we're doing okay in certain divisions.
What's next? The auto industry layoffs will panic the public I think. Obama's redistribution ideas sound like something FDR said many years ago. Let's see if big money can rattle him. During the Depression the elite rich tried a coup. Maybe again?