For some reason, it feels like the the waning few months of the Bush Administration happened ages ago.  I remember it well;  those were the “not so good old days” when the financial services industry and the American auto industry were crashing and burning.  Those were the days when the stock market, along with everyone’s 401-K plans, was losing over 50% of its value, and the economy was shedding about 750,000 jobs per month.   Yes, those were the “not so good old days” when fear gripped the American public, and …

Hold on to your hats, America, the recession’s not over yet.  Although the economy grew at a healthy rate during the July to September time frame, causing many economists to announce the end of the recession, it seems that the “recovery party” is over; at least for the time being.  The Labor Department said on Friday that the American economy lost about 263,000 additional jobs in September, which was worse than the 201,000 lost in August, and way above Wall Street’s expectations of losses amounting to 180,000.   With the …