If you missed Morning Joe, Mort Zuckerman was on and had a very grim outlook for our financial future. The Freddie and Fannie bailout, while necessary, will cost tax payers millions. Detroit is worse off. He is predicting GM and some other manufacturers like Chrysler to merge, and maybe a foreign automaker to buy out Ford. He actually said if things aren't done right we could be heading towards another depression and in the end all this will cost American taxpayers upwards of half a trillion dollars.
That's OK though, Americans see a "pit bull with lipstick" that they like, so our economy no longer matters.
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