Another Silver Lining to This Recession

    From the diaries by Erick. U.S. household debt is falling and the savings rate is on the rise. Economists say consumers appear to be curbing their spending and displaying a healthy prudence about taking on new debt — something financial planners have been admonishing Americans to do for decades. What economists don’t know is whether people are bringing down their debt voluntarily or whether it’s | Read More »

    Silver Linings: Election Night 2008

    As I write this, Obama leads with 190 electoral votes to McCain’s 129. Ohio and Pennsylvania remain awarded to The One. It’s safe to say it’s over, barring some honest to goodness miracle west of the Continental Divide. So I was going to start a long diary entry about how great it is that we can be rid of McCain when I ran across this | Read More »