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Is this the Second Great Depression?

By virginius "gin" arnold ()
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Poll

Is this the Second Great Depression?

     For months we were told that we were close to being in a recession, only to find out that not only we were in one, it had gone on for well over a year. W have now seen the stock market all but collapse, bank stocks that were trading last year for $50, now at $1, G.E. maybe not making it, GM most probably lost, un-employment at a real rate of 15% and at a 25 year high. Is this the second time around?

No depression, not even close
Not yet but we are getting closer
It is bad but ok for me
A big down turn but we will begin to come back this year
This is definitely the Second Great Depression

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Gin Arnold is a 69 year old liberal living in Orange Beach, Al a nest of Republicans. Somebody has to do it. I have owned several businesses, lived aboard a 32 foot sailing yacht, been a bar tender, boat captain, short order cook, and imported (more...)
 

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