Back in Oct, I had ask my 10 year old son to write down what he has learnt about our current economy from the media, I had forgotten it since. I just found this on his computer, could stop laughing... * * * October 2008 The Economy Current rating in my opinion: stupid The cause, according to several radio shows, are corrupt politicians, sub-prime loan’s. The stocks have had their biggest plunge in years. The Dow has dipped below 8000 at times. Lehman Brothers has gone out of business; Morgan Stanley might be next; and AIG had to be bailed out twice, the second time because 100 employees went on vacation with government’s money. The government has called for a $700 billion bailout plan several times. In other words, a bailout of $700,000,000,000. that’s a lot of cash! The presidential candidates have different ideas. John McCain plans to decrease government spending; on the other hand, Obama plans to raise government spending along with taxes. The economy might have a depression again, right now it’s a recession.