What Next?

In the past few weeks I have been covering more and more stories about the economy, none of them good, some of them hopeful. But all generally the same, good hard working people who have either lost their jobs or are facing layoffs. Last night I covered a foreclosure seminar, which was a good thing, in a way because it was aimed at helping those who might lose their homes get help and possible keep them. Today I covered custodians at a local school, these people do some of the hardest work with some of the worst hours possible and yet they are all very happy with their jobs. However do to the fact that they are employed by the school district, they like so many others can't be sure how long they'll get to keep those long hard hours.

The newspaper industry, of which I get most of my work from is no better off, last week a local paper laid off a good number of its editorial staff including some friends. Also last week the Seattle Post-Intelligencer stopped printing a paper and moved to a web only edition. And just yesterday the San Diego Union Tribune sold to a private equity firm from L.A. for an unnamed price, no one knows what this will mean for the UT but my thoughts go out to all of those who are on the edge of their seats waiting to see what happens next.

I can't say exactly what got us into this current finical crisis we find ourselves in. Was it greed? probably! Was it ignorance on the part of "Joe public"? Maybe! Was it a mix of the two? definitely! The bottom line is we are here now and there is no one great answer to fix the problem. I just hope that things start turning around soon before they get any worse.