The U.S. Economy Faces the Guillotine

I think this is a good article

This is a gay article

I didn't know where else to put this but I had to write it down somewhere because I'm uncontrollably angry. The covers for Newsweek since Christmas have included dramatic pictures conveying hopeful images of all three leading Democratic candidates, a picture of Bush titled "The Party's Over", and a cover of Mitt Romney titled "A Mormon's Journey" just so everyone remembered he has no substance, just an odd religion. I grew loving Newsweek and reading it out on the farm was probably was the galvanizing factor that caused me to pursue a career in law. But the frustration I feel from it 's complete and unbashed bias has driven me to the point where I can't read. Please, someone tell me I'm seeing things that aren't there.

everything is up and down.. if it was steady.. there would be no opportunity for new people to make money

I just donated two cars for cash and invested in real estate... try it..! i donated on autogiver.com

if you donate to cancer patients.. you get a bigger write off... i think.. check it out.

I do not believe that you go into a global recession, but to a sharp reduction in growth. From trade, finance, exchange rates between currencies, the impact on confidence: there are many channels of transmission involving a passage of shock from the rest of the world. A recession in the United States and an economic slowdown elsewhere entail a net fall of the profits of enterprises. That is why Bags suffer.
Central banks must do a good job from "inspectors" to avoid creating the famous speculative bubbles, on effective measures that China and India continue to grow with production methods related to the exploitation of workers, and environmental pollution. Steps incisors of the United States and Europe to increase production of petrolo OPEC. Act signal and decided to peace in the Middle East.
Stefano Rollero, Ttaly.

Outsourcing is the main cause of this economic situation. American money is leaving our economy and being injected into other countries economies. It is common sense that deficits are caused because more money going out of the economy than is coming in . Our banks are increasingly financed by foreign entities. As a result we are in debt and cannot even bail ourselves out. American products cannot compete with imports because of cheap labor. We cannot change this.
SO, what we need to do is get the money FLOWING back into the American ECONOMY. We have to start selling our products especially our technological services to CHINA and INDIA, Saudi Arabia, United Emirates so we can get our money back into the U.S ECONOMY

What else to expect from an IQ 91 Gullible Cowboy President?

LOL... great article.. reminds me of the time i clicked a link on this website

and the bums eyes started spinning pretty hilarious.... I think it was Autogiver.com

i don't think the decoupling theory holds water. Unless China and India economies are a lot different that I have heard. If their economy is not based on 60% or more on consumers in their countries, then they are exporters first , consumer second. If here largest export market is the US, then they are in big trouble. If even there indirect biggest market (Say China) is in that situation, then they are in big trouble.

unless the economies in india and china are based on domestic consumption and not exporting. And they have to not be exporting to the US or to country that is tied to the US, they are in big trouble since they can't sustean their own economy at its current pace.

i don't think the decoupling theory holds water. Unless China and India economies are a lot different that I have heard. If their economy is not based on 60% or more on consumers in their countries, then they are exporters first , consumer second. If here largest export market is the US, then they are in big trouble. If even there indirect biggest market (Say China) is in that situation, then they are in big trouble.

We were on the road to recession during the entire 2000 election cycle. For the year, gasoline prices were up 56%; the NASDAQ would be off a record shattering 58%; heating oil prices were thru the roof; CA was in still in the midst of a prolonged energy crisis; the coutry's economic growth was in serioius decline (GDP); hundreds of companies were closing their doors - folding; the hiring benge of the late 90's irrational and accounting fraudulent bubble had ended and millions of Americans were starting to loose their jobs; the tax revenue lost from a $10 Trillion hit in the stock market crash would result in a $Trillion in expected surplus turning into instant huge federal and state budget deficits; Bin Laden had announced and repeated his declaration of a holy Jihad against the US and his successful terrorist attacks were accelerating against us.

The media? Shhhh - they wanted another Democrat to win in 2000 - so the economy was not an issue.

The government $150 billion tax rebate program may provide a slight relief on gas money, but it won't do much to stimulate the economy because $600 to $1200 is not enough to cover one monthly mortgage payment. The key to revive the economy is to stimulate the housing market. There are two ways to stimulate the housing martket without costing any money up front. Please check it out at: blog.myspace.com/secondcomingchrist. God bless.

WOW... if you have any extra cars to donate for a tax write off.. go to autogiver.com

What to do with any refund from the Government
1. Put into savings
2. Pay down debt

what are we talking about here? to me the headline of the article is pretty clear: the current world in which we live in depends on average Americans unecessarily spending themselves into debt (which we will soon STOP !!) The posted comments i read are vicious and arrogant. For an average American like myself to point this out, and to speak out (regarding) the obvious facts only lables me an Arrogant Ignorant American ??!! How could i possibly think that the whole world revolves around US!!!! How small of me... According to the fear articles everywhere i turn, doesn't it???? So to you, the BIG, big deep thinkers, you know the ones, those that hate Americans, hiding behind your comments as if you actually would LOVE to see Americans prosper and continue to lead the world in which we know. To you i only say....turn off all the F%@#*@G lights you have on while you're wasting away hunched over your silly little laptops. STOP wasting your time HATING the current administration...they will be gone soon enough and WE will still be here to pick up the pieces, Do something constructive, show some LOVE and respect for this, the most amazing country the WORLD has ever made, of course by GOD with mans help...(as it should be). What man ALONE is currently doing is NOT Gods will....the destruction of America is mans will. alone. Now here's the truth. as I see it..if WE truly have something here, in America, then there will be a fight for it...and it will be the fight of ALL fights...for what would the WORLD be without the U.S. of A ??? Where would a simple average, loving man have a place to raise his children and share with them the beauty of this world? Why are we fighting each other? we are not the uber rich, we are not evil guys, we are not that different, when will WE unite? Globally, we are the power base, we are the ARmies, we are the BACKS , the POWER.........if there is a reason for our being then our being is to REASON. and then the ACTION will follow..we need to reason with each other first....i believe collectively our common needs and dreams will be quite similiar to each other as well as those of our CREATOR...regardless of origin, race, or skin color. Disagree? let's talk.....Thank you brothers.

The American economy, government, legislatures etc etc, are being run people who share MY SUPERVISOR'S mentality! DUMB. Dont have a clue as to what is going on, and sneaky and underhanded as they can possible be. It all fits........ WE hired a bunch of dumb a___ to make decisions on our behalf, represent us as a whole nation, people who couldnt care less about US. Poeple who are ready to cut our throats if it means a profit for them, and then hiding it and blaming it on someone else! WHEW! I am on the next flight to Australia!

The media and the Bush Administration keep talking about a possible coming recession, but the recession had already hit the USA last year. We are already in a recession due to the reckless lending practices of mortgage lenders, the greed of relaters that jacked up housing prices beyond the affordable in many parts of the USA. As well, as the devaluation US dollar, increasing gas prices, increasing prices on goods due to the low dollar, and an ill auto-industry that tried to keep selling SUVs after their popularity started dropping in 2002. Bush Jr should have realized that supply-side economics did not work under Reagan, and I'm sure that his father, Bush Sr, warned him about such too. However, Bush Jr did not listen. Thus, here we are with another Reagan-like recession.