Warning Signs"Black Tuesday, October 29, 1929, marked the beginning of the Great Depression, but for Barack Obama, last Friday was Black Friday because the U.S. Department of Labor announced that only 69,000 jobs were added in May, well below expectations that it might reach 150,000. The official unemployment rate ticked up to 8.2 percent, but it is actually far closer to 15 percent." ...."“GM employed roughly 252,000 workers in 2008. Now it has 207,000, with 131,000 of them working in foreign nations.” Citing data from the National Automobile Dealers Association, Rove estimated that “as many as 100,000 Americans lost jobs at the companies’ dealerships.” " Alan Caruba
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