Last fall, Congress approved $770 billion to stave off financial collapse, to free up credit, to staunch the hemorrhage of layoffs and foreclosures. But the layoffs and foreclosures have gotten worse. The nation’s economy continues to plummet. What happened?
Gregory Robinson is dead. Shot in a car. He threw himself on a baby in the back seat while the gun fired from an unknown assailant. He was only 14. His family said he died a hero. He’s the 28th Chicago Public School student to be killed by gun fire this school year.
We knew that 2009 would be a historic year, with the inauguration of the first African American president and the deepening of what is likely to be the most serious fiscal crisis since the Great Depression.