While it's not as applicable today, there used to be a saying that "as goes GM, so goes the economy."  While the "Big 3" aren't quite as big as they used to be, they still offer vital clues about the overall economic health of the United States.  Unfortunately for anyone who has been paying attention, those "vital clues" are all flashing red warning signs as each passing day seems to bring more news of idled plants and/or shift reductions (see here and here). 


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One week ago, New Yorkers were captivated, and unnerved, by a 40-minute long military exercise in which one USAF C-130 and several HH-60 Pave Hawk helicopters could be seen circling at very low altitudes above Manhattan. While the US military kept silent about the overflight, U.S. Air Force Col. Nicholas Broccoli, the vice commander of the Air National Guard’s 106th Rescue Wing, said the aircraft were conducting "standard military training."


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Very informative
05-03 04:23 by Liam
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