Ten Years Ago-October 2, 2008

Tomfoolery by Tom Baker: News of the week that kept the talking heads on TV buzzing was the possible melt-down of the economy. With the stock market taking a couple of "down" days in the 500-point range, and a 777-point plunge on the day that Congress was meeting to solve the problems of the economy, it had some of the historians comparing it to the 1929 market crash. You will find about as many folks willing to discuss the roots of the "adjustment" as there are commentators. But one common thread seems to be the sub-prime mortgage fiasco.

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