Automakers Bankrupt

The Wall Street Journal says that the big three automakers are bankrupt. Mind you I said the sam back in 2005 and many chose to laugh at me. I told them that their laughter would turn into tears. Congress refused to give the big three more money.

Speaking on money, Citigroup says it is for sale. The big bank lost half its value this week, 30% just yesterday. This should give you a small sample of how bad things are.