the economy

The topics selected for our next meeting, Monday, December 1, '08, are:

1. How has the recession affected us at Sun City Shadow Hills? Is it going to get worse?
   
2. How's the bailout working? Should it be extended to other areas of the U.S. economy ?
   

Regarding item #1:

MSNBC: Cracked Nest Egg, New crisis in commercial real estate looms

Regarding item #2:

Earlier posts: The Bailout, Wall Street and Main Street

MSNBC: FHA-backed loans: the next subprime crisis?, Here's why it's so hard to modify a mortgage

NY Times: White House Philosophy Stoked Mortgage Bonfire