Showing posts with label economic crises. Show all posts
Showing posts with label economic crises. Show all posts

Wednesday, September 24, 2008

The fallout up front

AN EMAIL arrived this morning from a reader that narrowed the gravely stricken economy to a single voice that clearly defines the human fallout from the official guesswork, debates and costly high level thievery of our once plentiful resources.

To quote, in part:

             You have no idea the level of despair among the workers in our factory. 
             Our 401Ks have taken a huge beating this year, which is bad enough.  Our
             sales department failed to make its goal this quarter and we  are in the process of 
             cutting  overtime for non-salaried employes.  For most of them that is a loss
             of income of $200 a paycheck.  Our outside vendors are begging for work and 
             we have nothing to give them.  

              There are real faces on this crisis and I see them every day.   Let us hope Obama
              wins and do everything we can to make that happen.   BUT...then he must govern
              and help us find a way out of this mess.  We are in deep shit right now.  People are        
              struggling that I personally know.  We need FDR.  Let's hope his ghost is still
              lurking.