Unemployment, mortgage delinquencies soar in worrisome sign for slumping economy
UNEMPLOYMENT RISE BLOWS BY EXPECTATIONS MORTGAGES DELINQUENCIES INCREASE ANALYST'S FORECAST 'IT PAINTS A DREARY PICTURE'
By Scott Duke Harris and Sue McAllister
Mercury News
Article Launched: 09/05/2008 05:00:42 PM PDT
The nation's unemployment rate jumped to a five-year high Friday as mortgage delinquencies rose, stoking fears that America's slumping economy could get much worse before it gets better.
If the Dems don't win overwhelmingly in Nov, it's time to disband the Party!
Stop the madness!
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Ok. "Disband the party" is rhetorical.
ReplyDeleteEven where there is one party rule, the other "party" becomes a loose confederation of the 'ginners-- everyone who is against the "in" party.
The Dems made a choice. Rather than choosing their "establishment" choice, they chose their riskier, more apparently radical choice. Double down, as it were. The new kids flooded the field and went with their heart over the "head" of the party stallwarts.
Personally, I wish they hadn't done that. I wish they had chosen the proven and experienced over the untested and unknown. But I'm getting old.
I'll respect the choice. I'll campaign for the ticket. Because it's important. There's a war that needs to be stopped.
Glad to see you get some other commenters. How's the campaign for Heirich going?
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