AP Photo/Gene J. Puskar
A day of trading over on Wall Street .. over. And thankfully over. Another day of sharp losses after fears over General Motors and what the future will hold the big three United States automakers.. The slash and burn news: Shares of GM hit a 65-year-low on Wall Street today.. House Speaker Nancy Pelosi talking up aid to auto industry.. another bailout coming.. GMAC Demand Notes, investments that were once deemed safe for GM employees and retirees, now in danger.. .. Another 1,900 workers set to be laid off by GM in North America.. The great American car crash: I've been scratching my head on this one.. Why the bailout of people that make risky investments and deals but no bailout of the cornerstone of American ingenuity? I don't get it..

Labels: depression, Economy, financial crisis, Money, recession, Wall Street