Happy monday

I drew this and Angela inked it. I was just practicing drawing Georgie and Arthur. I made Georgie too small but you can just pretend that she is further back in the picture than Arthur.

I never heard back about the job last week so it looks like I'm still unemployed. Good thing I'm too poor to afford liquor.

Take a look at this. Now consider that around 2/3 of the US economy is consumer spending. Generation X and the Baby Boomers have cut their daily spending by around 40% in the last year. The millenials (also known as generation y) have 69% of their population making less than 50K a year yet their daily spending is just shy of the boomers who only have 43% of their population making less than 50K a year. That article is very interesting and it paints a very dismal picture about the chances of our economy recovering in any meaningful way in the near future.

Here's one that discusses the reports in mainstream media that the government has made money on the TARP program. More highly suggested reading.

Lastly, according to this post, 40% of the trading on the S&P 500 is accounted for by four stocks and it has been this way for a while now. This implies that the recent, and loudly touted, "recovery" is based on speculation not any actual fundamental improvement. Good times.

--Abe