Comments on: Forecasters See Rising Recession Risk

Ailing Housing And Credit Markets Likely To Cause U.S. Economy To Lag In 2008

[nothappyatall]

"The Fed lowered a key interest rate in September by one-half of a percentage point, the first cut in more than four years. The Fed followed with a quarter-point cut in late October, lowering the key rate to 4.5 percent. "

At that rate 4.5% or 0% isn''t going to make any difference, won''t be long once it goes to 0% interest, in other words free- before they have to PAY negative interest to lend the money.
Once it gets to 0% or close to it, if that doesn''t work, and it''s not likely to, the only way they can go is in the negative percentile and pay people to take the money, probably with a discount like you get $104 cash for $100 loan.

[davidlar2]

Independent of the political question of should we be in Iraq is the economic question of can we afford to be in Iraq?

If we pull out of Iraq, what is the cost in terms of national secruity? What is the probability of a terrorist attack on US soil if we pull out and what is the probability if we don''t?

If we do not pull out of Iraq, we have to pay for it. Currently we have just built up debt and devalued the dollar. Eventually we have to pay for it. This means higher taxes which leads to reduced economic growth and higher unemployment. It means spending cuts. If we cut science funding for example, what does this do for the future of technology-based exports in the US.

Regardless of any moral and security issues that the left and right harp about, let''s ask what is best for America from a cost-benefit analysis perspective.

[prairiefox1]

THE MARKET NEEDS TO FALL AND PRICES NEED TO RESET!
WE NEED TO START OVER, THE RIGHT WAY!

[luvcomments]

ov442

Bravo !!!

[ov442]

Posted by mbcsmith By Calling a withdrawal of our Military Troops from Iraq a "Surrender" you Insult and Degrade every US military soldier from 1776 to present that has withdrawn.
You GOP blind ignorant supporters dont know what Surrender is.
You are the most disrespectful, Anti-US military personnel, America Haters in existence.
you have no integrity telling people our soldiers are Surrendering, when a withdrawal is what is being discussed.
My Uncle served in Korea in the US Marines 1st Division and Withdrew fighting all the way out of Chosin resevoir following the army that retreated and left them there.
No one surrendered and they fought their way out of an 11-1 ratio and Withdrew with Honor, Distinction, Valor and Heroism. My uncle personally saved half hs platoon and was shot twice in -30 0F blizzard conditions.
How Dare you insolent morons insult my family and generations before and after by calling a withdrawal, a "surrender"
You disgust me. Gain some patriotism and Honor our troops instead of denigrating them.

[drudge2]

mbcsmith

Personally, I''ll taking a wait and see on whether the surge is going to work in the long run or not. I still think the surge is just a stall to allow a failed war to be passed off by a failed president.

Now Mr. Bush''s challenge is to keep the economy from tanking until the next guy or gal takes over. Good luck on that one.

[mbcsmith]

Posted by forthepeopl1 at 09:45 AM : Nov 19, 2007

The U.S. military is making steady progress in Iraq. The violence by all measures has reached a two year LOW. Yet the LIBS still want to SURRENDER. Best for the country or just more politics?

[drudge2]

With the dollar in free-fall only fools will put faith in these statistics.

[oscarez]

National Association for Business Economics optimistic forecasting. If you say the economy is good it will be.

"For all of this year (2007), the forecasters expect the economy to grow by 2.1 percent, which would be the weakest showing since 2002."

The new NABE outlook from Feb 26, 2007:

"Growth in gross domestic product is now expected to average 3.1% over the four quarters of 2007."

"With moderate growth, steady inflation and stable unemployment, Fed policymakers will choose to keep the federal funds rate steady at 5.25%, the survey said."

[forthepeopl1]

SENATOR LINSEY GRAHM, TO ALL AMERICANS, ON MONEY FOR TROOPS

"To vote for it would violate our oath of office, in which we solemnly swear to support and defend the BUSH/CHENEY DOCTRIN he said in a floor speech this week.

***

[omega39-2009]

The GDP - the value of all goods and services produced in the United States- is considered the best barometer of the country''s economic fitness.

Every Job that goes overseas decreases the GDP and raises the trade deficit. The sleazoids on Wall street are about to start reaping what they sowed.