Photos: History of Economic Downturns

..................................More regulation of the Economic Community by the Government who represent the People, this is what is needed. We just can not let these Big Corporations and Wealthy Individuals do what ever they want without being watched and controlled when they are ripping us off!!!!!!!!!!!!!!!!!

why would anyone invest when the government is seeking new powers to steal companies that are in trouble? With the threat of nationalization and shielding weak companies how can one feel comfortable investing. It's all a sea of looters and moochers.

As I read this and many other articles about the current economic problems my fear of the disaster that resembles the great depression has become greatly diminished. Indeed I do not believe that our situation is as dire as then nor is it likely to be. I have a new fear. And that is that the collusion between the rich, (the global corporate structure) and the powerful, (the U.S. government), has reached a point of no return. That which we have lost will never be reclaimed because we will not be permitted to do so. We give money to the robbers so they can save us from the robbers, yet when the time comes to enact legislation and regulations to make remedies permanent they will not happen or they will be made impotent. Will even the wholesale replacement of legislators yield results if from the very beginning they are selected and funded by the very robbers we must thwart?

It seems that recession results in proliferation of cost-per-performance services which minimize marketing costs and risks for businesses. For instance, nationwide publicity can be obtained on pay-for-results-only terms from (Publicity Guaranteed) PublicityGuaranteed.com, online advertising can be obtained on pay-per-visitor terms from Google and Yahoo, cable TV offers revenue-sharing deals for infomercials and many services can be obtained for stock via Services4Stock.com. Does anybody know companies which offer advertising in print media on similar terms?

I Just read miswal123 it sounded asif it was coming at of my own mouth. I have ben preching this for over ten years and nobody ever listens.. It maybe to late but when wil people understand the only way to stop the floodgates is to stop buying foreign goods. I know this sounds impossible . American products are hard to find. I have a plan but it would require resolve on the part of the American people .What if we told one retailer that they are to be boycoted untill they start selling American prpducts. The products that are needed can be bought at the other retailers. Then ask the other retaliers who will be next. I sugest we start weth the retailer that started this mess WALMART. rmusser_801@msn.com

Listen up all you people of the United States of America. Talking about "FREE TRADE" this is what President Bush said. Yet, this is what is taking most of our jobs away from us. They big guys are outsourcing our jobs and yet we people are not doing anything about it because we are still putting this A *holes politician in office. Our jobs are going to China, Thailand, Japan, Philippines, Bangladesh etc. etc etc. We keep buying foreign made goods, causing most of our jobs to go overseas and it is not surprising why most of us do not have jobs and unemployed. Everybody wants to go to Walmart to buy cheap stuff we do not care about the quality anymore like american made products and jobs staying in the country. This problem is just going keep going on and on and on if we people us USA will not do something about with our politicians in congress. One of these days th great United States of America will be a third world country. How sad.

Go to PickensPlan.com for a positive step toward energy independence. In the short run it's a positive move for all American's, something we can do together and in the long run will help our economy. I would have like to see some of the 700 Billion bail-out used to upgrade the electrical grid creating jobs.

The way that these bloggers are writing you'd think that we were heading for another civil war! Don't get so fired up people! We don't have to like each other, but going for the jugular on each other isn't helping. America is the collaboration of all of us, if we are fighting each other, then our common enemies win. I will say that I don't think that USA stands for United Socialist America, remember the USSR? Union of Soviet Socialist Republics? The US was not intended to take care of us, we take care of each other, that is if we still want to take care of each other. Yes we will have to cut back, but it's not letting our fears take over which prevent economic collapse. We The People, that's what it's all about right?

The way that these bloggers are writing you'd think that we were heading for another civil war! Don't get so fired up people! We don't have to like each other, but going for the jugular on each other isn't helping. America is the collaboration of all of us, if we are fighting each other, then our common enemies win. I will say that I don't think that USA stands for United Socialist America, remember the USSR? Union of Soviet Socialist Republics? The US was not intended to take care of us, we take care of each other, that is if we still want to take care of each other. Yes we will have to cut back, but it's not letting our fears take over which prevent economic collapse. We The People, that's what it's all about right?

We have ben in a recession for many years now. We are wading in a depression. I personally think McCain's tactcis will kill the country. Unfortunately, both candidates are the puppeted by the money backerds of each party. So they are preened to what others have said. Neither candidate will have much influence on the economy, and probably not on the health industry either. Does the Queen of England have much to do with her country? It has always been the political machine that runs our country. Again, unfortunately there are not many people in this country that really have enough influence ot change it. The electorial college was set up beause the governemnt did not feel the people were "smart" enough to elect a President on thier own. Don't bark at me, it's fact and it is in the history books. So if you want ot stop with petty political party crap I suggest we all do something .... I for one have been hounding Suozzi's office, Nassau County Denocrat, County Executive of Long Island because and I quote here, "He is proud of his increased 7 million dollar budget". In a time such as this an increase in property taxes or school taxes would kill the Island, The skinny on what I write .... protest and complain until you get what you want!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

These events are cyclical and there is nothing we can do to stop them. All presidents are virtually powerless before the beck and call of the cycles of the economy. They can make matters a little better or a little worse with the cooperation of congress.........but not much. Clinton was fortunate, Hoover was not and so on.......

While corporate greed ran rampant and the cost of food and fuel were skyrocketing, workers were being subjected to 3% increases in pay. I checked the CPI (including energy and food) for the 12 months ending August 2008 and it's nearly at 7%. Labor contracts are being negotiated for cola increases for the next 3 years at 3%. Gone are the days of merit increases. The affordability ratio is out of whack. Recession...inflation...depression. We need a change and until salaries are kept up with the cost of living, it will struggle to happen.
I recall half way through my working years when I was told by my employer at the time, a corporate giant, that I needed to start funding my own retirement. Also, I was told I needed to start paying part of the once 100% corporate funded healthcare premiums. So the paycheck I am earning is not only used to live for today but also a part of it needs to be put aside to fund my future. And, so came the 401k plan. If you didn't invest in stocks, you were left with a flat portfolio yielding very little interest. How can you retire on that? To add insult to injury, if you're not knowledgeable about investments, etc., well, you're left out in the cold, literally.
This $750 billion dollar bail out will be paid for by taxpayers. The baby boomers are the taxpayers. Now that they have started retiring, this burden will be left to the next generation. And how will they be able to afford that in addition to funding the boomers' social security benefits and Medicare?
The next President needs to make changes in the way Corporate America does business. I'm tired of throwing my hard earned money their way for my retirement while they live fat and high on the hog. Enough already!

??? While corporate greed ran rampant and the cost of food and fuel were skyrocketing, workers were being subjected to 3% increases in pay. I checked the CPI (including energy and food) for the 12 months ending August 2008 and it's nearly at 7%. Labor contracts are being negotiated for cola increases for the next 3 years at 3%. Gone are the days of merit increases. The affordability ratio is out of whack. Recession...inflation...depression. We need a change and until salaries are kept up with the cost of living, it will struggle to happen.
I recall half way through my working years when I was told by my employer at the time, a corporate giant, that I needed to start funding my own retirement. Also, I was told I needed to start paying part of the once 100% corporate funded healthcare premiums. So the paycheck I am earning is not only used to live for today but also a part of it needs to be put aside to fund my future. And, so came the 401k plan. If you didn't invest in stocks, you were left with a flat portfolio yielding very little interest. How can you retire on that? To add insult to injury, if you're not knowledgeable about investments, etc., well, you're left out in the cold, literally.
This $700 billion dollar bail out will be paid for by taxpayers. The baby boomers are the taxpayers. Now that they have started retiring, this burden will be left to the next generation. And how will they be able to afford that in addition to funding the boomers' social security benefits and Medicare?
The next President needs to make changes in the way Corporate America does business. I'm tired of throwing my hard earned money their way for my retirement while they live fat and high on the hog. Enough already!

It was , it is and it will be. We panicked and we will still panick. Greed was and is and will be the core of human activity. There is so no way, so be patient and wait for the next.