Thursday, October 13, 2011

The Imaging of Greg - "The Double Dip Depression"

"Oh, boy ... look out. Double Dip Depression is here.

You see it, hear it; we're in it. Just the other day, I was driving through a business park – empty – and a tumbleweed literally blew through the parking lot. It was a bad movie.

Today, banks have the bailout money, but they ain't lending. We can’t hire staff without taking a major leap of faith – not in the candidate, but in the system. AMEX, MC/VISA – they’ve got us all by the short hairs, and they don’t let us raise our personal “debt ceiling”; get the scissors out.

Five years ago, there were three U.S. automotive companies; today, just one – and GM don't count.

The times are tough, and our troubles are artificially extended. 

The current administration..."

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