My new book - At the Brink: Will Obama Push Us Over the Edge? You can click on the above picture to be linked to Amazon.
Welcome! Follow me on twitter at @johnrlottjr . Please e-mail questions to firstname.lastname@example.org.
GM's Bonds paying 56 percent interest
You know that investors think you are in trouble when the interest rates are this high. Would the Democrats in congress or President Bush or President-elect Obama put their own money in this type of "junk" bond? Click on the picture to make it bigger.
Amazed how lucky I am that I have had jobs where I could just think about whatever I wanted to think about. I have published over 90 articles in academic journals. I received my Ph.D. in economics from UCLA in 1984.