Here's how I think of my money - as soldiers - I send them out to war everyday. I want them to take prisoners and come home, so there's more of them.
Until Americans feel that their core asset - their homes - are stabilized, they are not going to have the animal spirits and they will continue to have less buying power.
Once Michigan stood proud. In addition to GM, Ford and Chrysler, it was home base for the United Auto Workers, a powerful escalator transporting hundreds of thousands of blue-collar workers into America's middle class.