The Recession is NOT Over!

Market tanks 200 points; 50,000+ looming layoffs at now closed Pontiac and Saturn plants, along with the domino effect of such massive plant closings.

Commercial real estate, the next bubble to burst, will have a huge surplus of massive factories, empty stores, malls, etc. for the next 10 years! A news piece last night said job recovery in the 20% range by 2016.....what are people to do in the mean time?

And yet the large layoffs from state and local governments are just now beginning...teachers. city workers, construction, all will increase in the next 12 months.

"It's not over till the fat lady sings"....and I think she has laryngitis!