Blog #8 - Economic Meltdown - How would you respond...?

In talking about the economic problems in the country today, we've mentioned a lot of different things:


1. Many people are getting laid off or fired (including all the Pontiac teachers and administrators);


2. Businesses are closing their doors - Circuit City, Trader Joe's, Barnes and Noble on Maple and Telegraph.


3. Homes are being foreclosed or their price has plummeted far below their mortgage price - there are FOR SALE signs littering neighborhoods like a bad headache.



4. The stock market has lost almost 45% of its value since the summer of 2008, families' retirement accounts and college funds have lost their value dramatically.




Blog: Pick two of the issues above and imagine how those two issues that you have picked would impact you and your family. For example, how would you and your family be affected if you suddenly lost your home? What would happen if your college fund was suddenly cut in half? If you had your sights set on Harvard, how would your college plans change?

Minimum 200 words. Due Monday, March 16th.

CNN's Campbell Brown on the Big 3's Bailout

In her No Bias, No Bull section of the broadcast, Campbell Brown let's it rip on the Big 3. I think she's got some very valid points when it comes to the long long wait for more fuel efficient cars and big fat CEO paychecks. Listen to what she has to say below:



Sound off and tell me what you think.

Thanks.