Europeans Revitalize Plants to Save Jobs

That is the title of an article in yesterdays New York Times by Nelson D. Schwartz.  While many in Washington want to demonize the role of government in our jobs situation it may be time to look at the corporate philosophy in play is the US.  See link here:

http://www.nytimes.com/2010/02/04/business/global/04iht-euecon.html?scp=1&sq=nelson%20d%20schwartz&st=cse

As to the markets, they kind of sold off into short-term support yesterday.  CNBC’s Cramer claims that the sell-off since January 20th is due to speculative Hedge Fund selling, he is probably half right, the other half selling are the Cramer lovers who are still trying to get back to even.

Saved at 8:02:23.

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