Tar Heels Deliver Hard Truth on the Michigan Economy

No, this post is not really off-topic.  And no, Mr. ToughMoneyLove doesn’t mean to pile on all of those in Michigan who are unemployed through no fault of their own.

But enough already about how the Michigan State Spartans – crowned the “team of destiny” by an epidemic of wishful thinking – were going to inject hope and comfort into those being dragged down by the Michigan auto industry. Win or lose, that kind of fantasy attitude is not going to help anyone recover from economic misery. Nor will it expedite the acceptance of a radical change in economic thinking which is sorely needed.

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Taxpayers Between “Like a Rock” and a Hard Place on GM Bailout

Mr. ToughMoneyLove doesn’t particularly want to add to all of the noise being generated about another proposed bailout plan in favor of General Motors and other car companies.   On the other hand, I have opinions and feel compelled to express them before one of the plans becomes reality.  So, these are my hard truth thoughts, in no particular order. Read more