Saw this site today, What I learned Today. It has lots of great economic news coverage with a very nice simple design. It got linked to over at boingboing on this piece about GM.

0.000000435%

is roughly the percent of GM that we each own.

$362 is what each of us paid for that equity stake.

Will you and I get a good ROI?

It's easy to look at this situation in a "where is my money" way. It seems very unlikely that this company will ever be valued at what it used to be valued, and even less likely to be valued nearly 50% more! But thinking about it more, I don't really even know what that means for Gm to be Valued at some billions of dollars. It is such an abstract concept to view any huge company as a dollar figure and even more abstract to think that I have somehow given GM 362 dollars. So I kinda take these numbers lightly.

One thing about the Blogosphere that I hold true is that it is GREAT at spreading/echoing ideas. I like this idea written over at boingboing about the economic situation. Its a conversation with the editor of Rolling Stone where he says we should be making koan-style one liners saying the truth about whats going on with the banking fiasco. As American as the situation is, and as much as everyone feels like it is our capitalist obligation to ourselves to prop up business as usual, it just doesn't feel right, like Morpheus says in The Matrix; "...it's like a sliver in your mind". So I am echoing this line, "debt is not a good product". I know the banking industry is more complicated than boiling it down to that, but ultimately the nations largest industry survives because they make money with money. Can't we found our country's well being on something else more meaningful and fulfilling for more people?