Comments on: Wall Street Pares Losses
Closes Difficult Session With Late-Day Rebound; Fed Foresees Slower Economic Growth
- Please go to amazon.com and type in the search box, "THE GAME BY JERRY WEBBER" then purchase the book entitled "THE GAME" by Jerry Webber. This is a must read book for the entire family and the proceeds will got to help a homeless. Tell all of your friends to do the same thing as well. And thank you very much.
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- My question is will the lower value of the dollar make it cheaper for foreigners to buy our goods, raising factory orders, creating jobs and reducing the deficit. China has had a weak currency for years and their goods are bought everywhere on the cheap, their economy is doing well. Of course I know they have cheaper labor. Is this the plan or the excuse?
Posted by sillywilly4 at 12:27 PM : Nov 08, 2007
I think you hit the nail on the head, scare us, then corporate says no raise, put in a raise freeze, and new employers will go for lower wage.
Posted by starleo146 at 03:04 PM : Nov 08, 2007
Not completely correct China is a controlled economy. They don''''t have to compete they set the competition. Common urban legend. The open market only works in a closed market because other countries and other areas have different goals. If you look the only thing that has gone down in recent years is our economy while wages have remained low across the board.
Problem what to do things are working out the way they said they would.
Posted by antoniof123 at 03:14 PM : Nov 08, 2007
The dollar is dropping making our goods look good for exporting to foreign buyers but also making all that U.S. debt held by China decease in value - a backdoor method to get the Chinese to increase the value of their currency. - Reply to this comment
- If the Bush/Saudi connection controls as much of the worlds oil output as is believed, I think the rising oil prices are their way of picking the carcass clean before the upcoming elections. Bush and his cronies know they won''t get another repub government in place in their lifetimes so they are going to take all they can while the getting is good. All you have to ask is who is profiting from this war and high oil prices. What does it profit them to drag the middle class and poor into the toilet?
Personal wealth is relative to the wealth of the population at large. This is their way of gaining as much as they can and widening the gap so they can afford to lobby future governments into granting their longterm agenda. - Reply to this comment
- Hey! I don''t know if anybody noticed, but the market is almost back to par, and things are fine again! "Happy days are here again, the skies above are blue again..." You can go nuts watching this thing. "The only thing you have to fear is.. fear itself!"
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- their will always be economic termoil when public officals point there fingers and blame banks in collusion for inflating prices of a home when a home is priceless because nobody is gona work for a bunch of monkey beleivin monkey teachin monkey worshpin an idol on top of the city in Philadelphia
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- Is it a coincide that our economic troubles picked up after the Democrats took over Congress? In any event, I think we need a new fed boss that understands how sensitive investors are to his rhetoric.
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- My question is will the lower value of the dollar make it cheaper for foreigners to buy our goods, raising factory orders, creating jobs and reducing the deficit. China has had a weak currency for years and their goods are bought everywhere on the cheap, their economy is doing well. Of course I know they have cheaper labor. Is this the plan or the excuse?
Posted by sillywilly4 at 12:27 PM : Nov 08, 2007
I think you hit the nail on the head, scare us, then corporate says no raise, put in a raise freeze, and new employers will go for lower wage.
Posted by starleo146 at 03:04 PM : Nov 08, 2007
Not completely correct China is a controlled economy. They don''t have to compete they set the competition. Common urban legend. The open market only works in a closed market because other countries and other areas have different goals. If you look the only thing that has gone down in recent years is our economy while wages have remained low across the board.
Problem what to do things are working out the way they said they would. - Reply to this comment
- You know what is taking a beating 401k''s I think this is a bad way to save.
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- My question is will the lower value of the dollar make it cheaper for foreigners to buy our goods, raising factory orders, creating jobs and reducing the deficit. China has had a weak currency for years and their goods are bought everywhere on the cheap, their economy is doing well. Of course I know they have cheaper labor. Is this the plan or the excuse?
Posted by sillywilly4 at 12:27 PM : Nov 08, 2007
I think you hit the nail on the head, scare us, then corporate says no raise, put in a raise freeze, and new employers will go for lower wage. - Reply to this comment
- No problem, we are in good hands, George and *** have it all under control.....NOT
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- What they want to do is create a debt so huge that America will be hog-tied to it and unable to manuveur...huge amounts of tax dollars will have to go to service the debt...they will justify the sale of our public properties to the Oligarchs. Our taxes will go from our pockets into ''interest'' to the bankers. It is called leverage.
Our enemy is in Washington! Its time to deal with them--and the people and institutions they represent--the international bankers and interests.
Troops Home Now! to join a War on Usury! The enemy are in the boardrooms of the Bank of England, the FED, CITIBANK, CHASE...They are at the Carlyle Group, Halliburton, Merck, Morgan, Exon, Standard, GM and Deutsche Bank...They are at the Hong-Shang...they creep and crawl through Wall Street...and are at home in the CITY. It is time to restore honesty and integrity to government...to face this enemy and to destroy it! - Reply to this comment
- Want to see something funny?--Watch Bernanke raise interest rates to protect the ''value'' of ''dollar'' further on down the line...
What we need to do is open the borders wide, start some foreign wars and give more tax cuts to corporations and the wealthy, raise corporate CEO salaries so we can get the best leadership that money can buy while we export jobs and more of our industrial base abroad...America needs slave labour like that of GAP in India, or in our prisons where a million non-violent drug ''offenders'' work for peanuts...we need to ''grow'' our prison system...we need more NAFTA, more CAFTA, more WTO obeisance...we need to privatize our interstates and charge tolls...raise the price of energy and demonize the gas--CO2--that life on our planet depends upon! Oh, wait...isn''t this what we are doing now?
Cheers! Vote for the Demo-publican mainstream and get more or the same--or vote for Ron Paul, Kucinich, Gravel and the Constitution Party, Libertarians and other Third Parties for real change and JAIL TO THE CHIEFS! - Reply to this comment
- This is why few folks are happy with 401K retirement plans. Washington has allowed big business to get out of the retirement system by pushing 401k''s because our elected reps destroyed social security. With 401k plans being hurt big time with dumps like this, the common folks again are the ones being hurt.
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- Please go to amazon.com and type in the search box,"THE GAME BY JERRY WEBBER" and then purchase the book entitled "THE GAME" by Jerry Webber. This is a must read book for the entire family and will make for an excellent Christmas gift and the proceeds will go to help a homeless. Tell all of your friends to do the same thing as well. Thank you very much.
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- George H. W. Bush Republican recession 1992 (record high oil prices, unrest at home from an economic recession, and rising crime and violence in the inner cities)
Vote Republican for recession and to make the rich people richer. I have to say it would be nice to be rich but I''m a Democrat for ever. - Reply to this comment
- "a raft of economic troubles" Oh my, are we going to see Black Friday on Wall Street?
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- "Bernanke Forsees Slower Economic Growth" - That''s one way of saying we''re in for a major recession.
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- Herbert Hoover Republican the Great Depression 1928-33 (bad)
Dwight D. Eisenhower Republican recession 1957-58 (bad)
Richard M. Nixon Republican recession 1974 (oil shortage and record high oil prices, inflation out of control)
Ronald W. Reagan Republican recession 1982 (inflation out of control, record high oil prices in 1986)
George W. Bush Republican recession 2008 (inflation out of control, record high oil prices in 2007, very week dollar) Some say Bush is Herbert Hoover reincarnated.
Mr. Bernanke cut the interest rate ASAP.
Vote Republican for recession and to make the rich people richer. All Republican hope to become rich that is why they are Republicans. - Reply to this comment
- Stocks aren''t mixed. They''re tanking big time.
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Gee...maybe running up record deficits and invading Iraq on a pack of lies wasn''t a good idea after all? Perhaps we should give more tax cuts to billionaires. Maybe that would fix things.- Reply to this comment
