Happy National Corvette Day! (Also, millions will to starve to death)

Happy National Corvette Day!
From your USA Automotive Industry!
P.S. We are in shambles.
Why? Inability to see predict change? Inability to adjust to current change? Reliance on subservient and dedicated servants in Legislatures across the West?
With rumours of Chrysler’s imminent bankruptcy, GM worth what it was worth in 1955, crumbling domestic infrastructure, peak, and systemic [...]

Facebook Sees Challenge in Looming Recession

Facebook Sees Challenge in Looming Recession: It’s pretty clear that when consumer confidence is down, brands cut back on [advertising spending]. Social media spending was considered experimental, and therefore ad spending came out of discretionary budgets, but as it’s becoming less discretionary, you need to deliver a demonstrable ROI [return on investment]… I think it’s [...]

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Put options on your gadgets
New Wave in Yugoslavia at Wikipedia? Fantastic.
Totally Spent: New York Times
The only way out of the recession? Give lower and middle income earnings more buying power, permanently.
Potomac Primaries: Obama Steals Clinton’s Base

Citigroup announces $10bn loss

Yikes.

The largest bank in the US has announced record net losses of almost $10bn, mainly stemming from its involvement in the high-interest, or “sub-prime,” mortgage crisis that has shaken financial institutions around the world. Citigroup said that 4,200 staff would lose their jobs after the bank lost more than $18bn in mortgage-related loans… The [...]