Wake up Washington -- Recession is here!
Ken and Daria Dolan are widely known as America's First Family of Personal Finance.
We are SO sick and tired of hearing all the talking heads -- the economists, Wall Streeters, politicians and so-called "experts" -- debating whether or not we will have a recession this year.Folks, just look around you for heaven's sake...we are ALREADY in a recession! And it doesn't take a genius to see it...
- Consumers didn't consume as much over the holiday season as they did last year.
- Only 18,000 new jobs were created last month.
- The number of homes in foreclosure is still growing at an alarming rate.
Plus construction industry layoffs are mounting, credit card defaults are growing, oil prices are choking household budgets and hurting businesses...
Look, we're not trying to depress you or sound alarmist, but we are saying BE PREPARED -- we think this economy is going to get worse before it gets better. It is time to get control of your money life. Pay down your debt. Beef up your savings. Protect your portfolio.
And tell Washington to wake up, to stop trying to sell us a bunch of bull about the "good news" in the economy, and start making smart policy decisions that will boost this economy (unlike their ridiculous plan for addressing the subprime mortgage crisis.)
Tell us what you think! Are you and your family feeling the pinch? Are you worried about what lies ahead for our economy, or have the Dolans finally lost their marbles?
Ken and Daria Dolan of Dolans.com have hosted their own national radio program for 22 years, anchored their own television shows on CNN, authored six books on money matters, served as money contributors on CBS This Morning and have now launched a comprehensive web site and free e-letter at Dolans.com.