Monday, February 2, 2009

Global Crisis, Macy's cuts Jobs and Government Backed mortgages

World Economic Forum in Davos looks to be a bit of a bust with no real solutions and a lot of hand ringing. http://news.bbc.co.uk/2/hi/business/davos/7863684.stm


Macy's is Cutting 7'000 jobs as it predicts a big dip in sales. http://news.bbc.co.uk/2/hi/business/7865995.stm



Let them eat cake, and government backed mortgages.http://www.foxnews.com/politics/2009/02/02/republicans-stimulus-address-housing-crisis/