Doom and Gloom from the Business Page

AltTulsa kinda likes USA Today. No, it's not the most serious newspaper and its coverage is reliably superficial, but the paper often provides a snapshot of current social and cultural trends.

But even we were taken aback by some economic headlines in the paper's "Money" section several days ago. Here's what we found:

Banks lost $26.2B in 4th quarter

GM reports 2nd-worst annual loss

Fannie Mae lost $25B in 4th quarter

Jobless claims up more than expected

What's striking about these headlines is that all four appeared on a single page of the paper above the fold!

That's a small detail, of course, but it's also a sign of the times. Four business stories, all of which point to more downturn before the economic bottom.

Hold on to your 401K plans, Sooner fans, it's still a mighty bumpy ride.