Comments on: Wall Street Pares Losses

Closes Difficult Session With Late-Day Rebound; Fed Foresees Slower Economic Growth

[kingreb09]

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.

[ioweign]

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.

[logicanada]

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.

[tburzio]

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!"

[fizzal-2009]

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

[denn034]

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.

[antoniof123]

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.

[starleo146]

You know what is taking a beating 401k''s I think this is a bad way to save.

[starleo146]

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.

[fstop100]

No problem, we are in good hands, George and *** have it all under control.....NOT