Got Your Place Reserved in the Breadline Yet?

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Grim economic picture painted by columnist Jane Bryant Quinn on Friday's edition of Newshour:

Clearly, we're in a recession. We're going to have job problems. We've got difficulties with the mortgages....

Foreclosures are at record rates. People look around and they see foreclosed homes on their blocks and they see nothing but trouble ahead.

So far, I would say it's been mostly jaw-boning to try to deal with the most significant financial crisis we've had since the 1930s....