Friday, October 24, 2008

Recession?

Twenty seven states are now in a recession, two quarters of negative economic growth, with another five states teetering on the brink. Georgia is now among the 27in recession...Stocks opened down 5% on the fear that the recession is now going global. Stocks are now at their lowest point in five years...Georgians have lost $11 billion in retirement benefits as a result of the economic slow down. You can check out the story at www.macon.com. Rheem in Milledgeville and the Medical Center of Central Georgia have laid off 400 and 200 workers respectively in the last two days...Senator Obama is off the campaign trail over the next couple of days to be with his ailing grandmother in Hawaii...With Obama on the sideline, this may be McCain's best chance to pick up some support in key battleground states. Even though McCain and the RNC have an estimated $84 million on hand until the end of the campaign, Obama ads are appearing on average of 3300 times a day to McCain's 2300 appearances...A new poll has McCain tied with Obama in Pennsylvania...Congressman John Murtha of Pennsylavnia may have something to do with that poll since he first called his constituents "racists", then "rednecks", but he says that the situation has gotten better in the last couple of days...Murtha's opponent, Bill Russell, is in a virtual tie with the Congressman. You can check out Russell's website at www.russellbrigade.com...Senator Fred Thompson is shooting a commercial in support of Russell later today...President Jimmy Carter visited the mid-state yesterday, first at Byron Elementary and then Mercer University. At Mercer, as part of the President's Lecture Series which started last year, Carter called on the next presidential administration to emphasize human rights in order to elevate the US' position in the world. There were over 1,000 people in attendance.

There are only 11 days until the presidential election. There are 87 days left in the Bush presidency. And, it's been 7 years, 1 month, and 13 days since there's been a terrorist attack on US soil. Good day and God bless!

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