I’m behind again in posting. I’ll try and catch up today.
I have an open mic today and there are some great calls from thoughtful callers. The show starts with the fact that we are being nickled-and-dimed to death. Whether it is cell phones or the price of gas, we are asked to understand market fluctuations when I don’t think this is to be blamed on market forces at all. Companies are simply taking more and more of our money and we are getting less and less.
I spent a great deal of time discussing the new unemployment numbers. 598,000 Americans out of work; 1.5 million Americans laid off since November. While these numbers are awful, I think that they will get worse. Meanwhile, Senate Republicans are singing that old Simon and Garfunkel tune – Feeling Groovy. They want us to slow down.
This is a great show. Enjoy.