The magical recession of 2008.

[Neshanic]

Why no cars are being sold! And there are houses that are not being sold! People are not buying stuff! Credit is tight! People are not consuming!

Oh, it's this new type of recession, you know, where it's just a state of mind.

[Oregone]

1. Ive been watching this magical recession for 3 years before I moved...

I even have had a house on the market for 1.5 years....

You are blind, stupid, ignorant, or profiting to think for one minute things haven't been slowing down for some time. Everyone is in denial until now, when they can use this politically/economically to their advantage. Weve been in a shit storm for a while for anyone with a brain enough to figure it out.

[Hydra]

2. Yup, a state of mind

I get my paycheck, go to the gas station, go get groceries, pay my rent, and check my bank balance. Great, it's negative again. I guess I need to work on my state of mind so that I can consume more.

How stupid do they think we are? Do they think we'll invade countries just because they said we needed to? Oh, wait...

[Zynx]

3. Here are some charts for people unfamiliar with the data:

[Mojorabbit]

6. Great charts. nt

[TahitiNut]

10. Here're many of the charts I've been keeping for years ...

http://members.aol.com/tahitinut/MyCharts.htm

[Imagevision]

4. Between 300-400 auto dealerships will be gone - will get worse before it gets better - in

January Hewlett-Packard is getting rid of 24,000 employee's.

[spag68]

5. charts

I really like the one that shows mortgage rates. I want to go back to 1952, when my father and mothers mortgage rate was 3.75% and if someone charged over 10% interest, it was a crime called usury. As I remember even at 3.75% banks made money, and few went bankrupt.

[Cresent City Kid]

7. Long gone days

Remember when "Savings and Loan" implied stability? They when from stable to gone in 7 years after Reagan's election. This crisis is a similar, more convoluted version of the same thing.

[Ishoutandscream2]

8. The magical recession of 2008

is coming to take you away,
coming to take you away,
take you today.....

[Munchy]

9. Buncha whiners! Go buy a car, ya big sissies! -- Phil Gramm