It is what it is- “It’s a Depression!” with a capital “D”

It’s a Depression

By HELEN THOMAS
WASHINGTON — Few prominent economists will say it, but to me it looks and feels like we are in another Great Depression or a reasonable facsimile.
The current meltdown is dubbed a “financial crisis.” But a rose by any other name would still inflict the same hardship and suffering on most people [...]

Obama to name Clinton Secretary of State on Monday

President-elect Barack Obama plans to nominate Sen. Hillary Rodham Clinton as his Secretary of State on Monday, transforming a political rivalry into a high-level strategic partnership.

Obama will name the New York senator to his national security team at a news conference in Chicago, Democratic officials said Saturday. They requested anonymity because they were not [...]