Happy Holidays

From The Washington Post:

U.S. employers shed more than half a million jobs in November, accelerating a steady decline in the labor market with the worst monthly showing in 34 years.

The Labor Department report showed monthly jobs losses of 533,000 spread across the economy, hitting construction firms, computer makers, auto dealers, clothing stores and banks and insurance companies alike.

The new data translate the steady stream of pink slip notices coming from companies as diverse as financial titans like the Carlyle Group to discount retailers like Linen 'n Things into evidence of broad economic weakness. The headline number alone -- the worst monthly job loss since Dec., 1974, amid a steep downturn and in the wake of an oil embargo by Arab states -- is likely to raise fresh concerns about the depth and length of an ongoing recession. * * *

Obama will undoubtedly try "New Deal" type tactics in order to prevent the economic collapse of America, and the response from the Extreme Right will undoubtedly be ferocious.

FDR is viewed as a type of demon by these people. The fact that programs like social security even exist in this country is nothing less than an outrage for America's radical right wing. That's why they desperately want to privatize it -- if social security was privatized, then it would be much easier to kill. These people claim they love America, but the truth is that they really hate it.