Recession or Depression? The question of the day.

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There are no easy solutions to this dreadful economy. What started out as a housing market correction has resulted in a global financial crisis and potentially a prolonged recession.

via The Modesto Bee | Help new home builders and help the economy, too.

How Schemes to Rescue Wall Street Gamblers Are Prolonging this Recession

Using the “too big to fail” scare tactic, the U.S. government has kept a number of terminally ill Wall Street gamblers on an expensive life-support system that is estimated to cost taxpayers $8.5 trillion.

via Ismael Hossein-zadeh: “Too Big To Fail”: A Bailout Hoax.