Comments on: Two More Dire Signs For U.S. Economy

GDP Falls Half A Percent; New Home Sales Fall To A Nearly 20-Year Low

[whatchange-2009]

Cutting taxes and balancing budgets will fix all States and Federal woes. Eliminate at least 20% of ALL state and federal employees jobs, then eliminate another 20% of ALL state and federal employees jobs. Next, cut the US military welfare budget in half! Too many do nothing government employees on the payroll! New Mexico now has a state retail sales tax of 8%. Most of this excessive tax keeps too many worthless do nothing State employees on the payroll. The federally subsidized National Labs, also a huge employer in New Mexico could cut their payroll in half, and none of the half layed off would be missed by anyone!

Posted by ConDumbistan at 04:55 AM : Dec 24, 2008 ************************ Hey, Ace. What do you then do with the unemployed, the underemployed and the homeless within your plan? Who''s going to pay for all the health care and welfare for all the federal, state, county and city employees you''ll be firing? You? Me? The Messiah? Maybe Pelosi can hire a few on with Dole Pineapple. I could use some down time in Hawaii on a plantation owned by democrats willing to feed, house and medicate me. What''s that? You say that democrats expect you to work for your money? OK, Wise Guy. What''re they doing to earn theirs?

[redtrash]

Live for today, and never give tomorrow a second thought Baby Boomers are FVCKED for the next decade, or two! Any one generation that elected the likes of Ronald Reagan, HW Bush, Bill Clinton, and GW Bush to be the USAs presidents deserves to suffer in their twilight years. The rest of Americans, however, do not deserve to suffer because of Baby Boomers self-centeredness!

[whitewolf60]

I STILL have to say that the way they are throwing money at the millionaires and billionaires IS NOT WORKING.... some of these yayhoos ALREADY have too much. And what "bailout" has there been for the average working person, like me? You got it - NOTHING. ZIP NADA ZILCH BUPKIS. It''s ridiculous. If they REALLY wanted to get the economy going again, they should, I think, cut every American over the age of 20 a check for $500,000.00 Even THAT small amount would help. People could pay off their bills or mortgages, buy a new car if they needed one. Parents could put it away for their child''s collage. If a family needed a new home, they could buy that too. I honestly think that the "upper class" DOESN''T WANT to see the average Joe or Jane get ahead a bit. Maybe I''m being crazy but it smacks of conspiricy - Rich Vs. Poor.

Thoughts, anyone?

[scienceman1-2009]

We will never solve Americas problems - if we don''t learn how to hold people accountable for their actions. Everytime these politicions waste our money we do nothing. They can rob us blind and we will do nothing!!!

[harp1963]

We need a good Depression.

Dear Top 1%,

Take all we have. Keep it for yourselves. Eliminate jobs through continous improvement projects. Send good paying jobs overseas to people who have been impoverished for generation and are willing to work like slaves for food. Cut back our pay, benefits, sick days, and vacation days. My only question is, do you think all this creation is due to a couple of rocks colliding in outer space and do you think there was any message in our Lord Jesus Christ being born into poverty in a barn for you ungrateful and unfaithful lovers of money that might save you from burning in Hell for all of eternity due to the way you have withheld monitary relief to others.

[wardoglrs]

Throwing bad money at good wont work. Taking from one group and give to another wont work. Taking money from the savers and giving it to the spenders wont work. Creating paper dollars on a printer wont work. The answer''s are here or just google it

http://www.ronpaullibrary.org/

[flsunjnky]

Well, at least an abomination to the middle class of America.

[jerr11]

A little Scripture Reading for the Liar-in-Chief and all his apologists:



Proverbs 6:16-17

[16]There are six things that the LORD hates, seven that are an abomination to him: [17]haughty eyes (the DECIDER), a lying tongue (935 LIES), and hands that shed innocent blood (4200 DEAD AMERICANS).



George W Bush - An abomination to the LORD!

[flsunjnky]

Go and get some comfort food! Settle back with Rush and share a ham sandwich and a bottle of pain killers!

[flsunjnky]

Oh, I see he didn''t take my suggestion!

[jumkey]

Shorter RowdynTex:

"I voted for the dumbest man in American because we is both Texans! WEEE HAAAA! Americans sucks!"

Sadly, in reality you are the dumbest man in America and you prove it every time you post here.

[jumkey]

Posted by RowdynTex

Who''d you vote for TWICE stupid? Oh, yeah BUSH.

Go away you mindless conservative monkey.

[nothappyatall]

"If your are familir with root cause analyses, you can draw the causes out for the economic crisis - key causes include:"

1. Bush regimes'' illegal foolish invasion of Iraq we didn''t need; $10 BILLION/ month for 6 years

"5. Sudden rise in fuel prices (leading to a drastic redirection of cash accumulation - underemphasized tothis point)"

5A; Bush''s invasion of Iraq, threats to Iran, nearly re-starting the cold war with RUSSIA over missiles, Afghanistan war etc, results; created instability in the Middle East and fears of oil disruption, oil goes UP as a result.


"Posted by Nearl4511"

[nearl4511]

Forgot, unsustainable rise in housing prices and short term gaming of that system by real estate, appraisers, and persons capitalizing on a tax loop hole.

[nearl4511]

If your are familir with root cause analyses, you can draw the causes out for the economic crisis - key causes include:

1. Decades of deregulation
2. People offered housing deals and taking risk they could not afford
3. Hidden financial arrangements to game the system
4. Sudden rise of interest rates (yes Bernanke is a chicken little).
5. Sudden rise in fuel prices (leading to a drastic redirection of cash accumulation - underemphasized tothis point)
6. Incredible focus of all (investors, companies, consumers, banks, investment banks) on short term gains.

[michaelcook2]

I mentioned this 17x rate increase from Bernake (from 2005 - 2007) to an economist friend of mine, he said he''ll research that.... he came back amazed, confirming its truth, 17 rate increases over 1 1/2 years!. This started the first wave of foreclosures, which brought down property values, then more foreclosures, lower properties values, more foreclosures, banks having huge losses, going out of business, more foreclosures... Why doesn''t the press cover this? Thanks Bush, Thanks Bernake!

[flsunjnky]

It''s not a point of "blame". It''s a point of responsibility. And the buck stops.

[flsunjnky]

Blame? I think most of us know how we got to this point!

[nearl4511]

That''s right we''re in big trouble.....

QUICK everyone!!! Start pointing fingers at each other.

Blame. An excuse for not fixing the problem.

[flsunjnky]

I got an idea, go snuggle up with Rush and share a ham sandwich and a bottle of pain killers.