Mr. Coyne warns us that the baby boomers can expect cuts in their old age pensions. Workers at a factory are locked out even as the factory reports record profits. The child povery rate is rising. working and middle class wages struggle while  the incomes of the wealthiest in the western world rise to the highest levels in recorded history.

We have an economic system based on greed, self-interest, and abuse - not to mention war, torture, and assassination.

Gee. I dunno. It seems to me there are moral questions here.

I will confess up front I am not, and never have been, a fan of reality television.  In my ever so humble opinion, these shows highlight the very worst in people and are a major contributing factor to the decline of civilization as I once knew - go ahead call me an old fogey, I will still say Thank You!

Any way, I won't rant.  I will just paste the following article and let others decide.  Maybe I am a dinosaur, in which case I will happily continue to splash about in my prehistoric swamp, Thank You!

Is Obama correct to give the banks a free ride or ought he to have socialised them in the meantime and given them the opportunity to buy themselves back?  This system has worked for Sweden in the past. 

Personally, I think that he has taken the correct direction with the auto industry.  Is he learning as he goes along or do you see another reason for his directions?

I've been unemployed twice in the past ten years. And they were among the worst periods of my life.  It's not just economic.  Aside from the lost income, which creates it's own basket of problems, most who have been unemployed can attest to the range of personal and professional challenges it creates.

So, the great recession you guys have all been talking about is upon us now in Alberta.  It happened overnight.  Well the grocery prices have been creeping up since June 2008.  The utilities have been high ever since Klein privatized them. 

Now people I know are losing their jobs.  Several businesses in my town have gone broke in the past few months.

How long with this last?

How bad do you think this will get?  Will we be cancelling our Internet and going to the food bank?

The economic newsletter I read yesterday was full of dire predictions of falling production, no consumer confidence and global layoffs.  I remembered what it felt like to be suddenly searching for a job.