THERE ARE STILL 60 DAYS FOR REGULAR AMERICANS
The inaction of the GOP in the face of ongoing economic crisis has forced the hand of the Obama team.
News of the likely appointment of Tim Geithner of the NY Fed was worth $350 billion to the equity markets, so bad had the ideological sentiments of George "Little Hoover" Bush become.
Still, there are 60 days left of Bush versus the U.S. Economy.
- In that time, as many as 550,000 Americans will lose their homes, without a broad-ranging foreclosure moratorium (pending a system-wide, far-reaching solution). Perhaps another 550,000 Americans, after that, while any new plans get enacted and promulgated.
- Close to 1 million will lose their jobs, not including the entire automotive industry, if the GOP intransigents have their way.
The GOP - and Washington - will ... go home to enjoy Thanksgiving and Christmas holidays, right?
