Friday, November 07, 2008

It's The Stupid Economy

GM is really in trouble.  GM says it has only enough money to operate through the end of the year.
Ford's in trouble, too.
Unemployment is at a 14 year high.
However, Porsche is doing just great, thank you!
The stock market lost another ten percent in the past couple of days, this just after we met with our financial guy and he was hoping the freefall was bottoming out. Let's see what happens to the market after Obama meets with reporters this afternoon.
How's that for an exciting rundown of the morning headlines?

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