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Are we heading for a world wide depression worse than 1929?

The numbers are in, the month of June 2008  had  the biggest decline of the US stock market, in a month, since 1930. Are we heading for a crash in the only  sector of the US economy that was still quite healthy, even a few months ago? The Dow Jones has fallen 460 points in the last two sessions and reached its lowest point since September 2006.

A few factors are at play here to create a " perfect storm " for a bad situation to get even worse...a lot worse.

Senator McCain is MIA on the new GI bill.

Senator McCain claims to care and support the troops, yet he is Missing In Action when it comes to voting for a new GI bill.

Last week, on Thursday, the Senate passed the 21th Century GI bill, expanding educational benefits for veterans who joined the service after September 11 2001. The bill was sponsored, in a by-partisan way, by Sen. Webb, Sen. Hagel and Sen. Lautenberg.

Let's build schools in the Middle East

I always get a little dizzy when this happens, but let me endorse this idea from today's Washington Times:

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2008 Republican National Convention

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