Its a fact that alcahol and tobacco have killed millions of people. Its also a fact that Marijuana hasn't killed anybody. WHY IS IT ILLEGAL?
Time to wake up, the economy is shakey at best and we are turning down the billions that would come from taxing Marijuana. Not to mention the time and money saved from having to enforce the law against it.
To the antidrug folks out there barking about how its bad for you: You drink coffee or soda? Because caffiene is bad for you too dumbass.
Actually, California is the 5th most powerful economy in the world!!!!!
Probably recession is happening only in other undeveloped and impoverished states, such as Alabama, Dakota, Mississippi, Louisiana, or Florida. Not in California, New Mexico, Arizona, Texas, Nevada, Colorado, Washington, Oregon, Illinois or New york, where the economy is strong and progressive! and all thanks M e x i c a n immigrants( majority of Latinos in USA).
USA is taking the line of creating political, financial, social, & religious stunts that play a vital role in moving forward for its global destruction policies to carry out. US govt has slaved its own nation. Born free taxed to death. $ will not be the global currency any more as declared in G-20 meeting. Internationally global policies of politics & trade are quickly changing. If USA wants to keep standing where it was it will have to leave the war track & not violate global peace any more.
the right to bear arms is not to infringed upon! if we are truely a nation ruled by law things would be very different here.they are above the law and also make more laws to enslave us more everyday.the founding fathers put guns on the list of ways to keep tyrants at bay.if we lose the uninfringed right to bear arms than we are just one step closer to total loss of that right.remember the old saying "give an inch take a mile" they live by this rule all they want is more control over us
if someone killed 6 million americans, there were only 13 million americans left, someone gave you a tiny piece of land and then, some dudes from the other side started trowing rockets into your country, wouldnt you need help? you talk but you never had war in your territory. its on the other side of the world. but imagine u were walking in NYC and then people started dying and u lost an arm and a leg. i say hell yeah, israel is worth spending money
The US-MEXICO borders are very sensitive area, it should be stood by the US troops like most countries & USA must create a DMZ!!! otherwise the USA will be falling OFF to the Ocean. (be invaded)
MEXICO would become the Most Base of Terrorist-Gangs Smugglers Country in the World including Illegal Aliens-Sneaking into the USA. (Millions# illegals inside the USA already) Time is Running Out.
What's slowing the economy? HUMAN WASTE: Lazy people who are on drugs and welfare for life. Women who are on welfare and continue to make more babies then they can afford to raise them. To name a few...drug addicts, high school drop outs, and illegal immigrants slipping over the borders and making more babies.- -Financial Burden-- Cockroaches multiplying by the numbers.The World Trade Center knocked down by terrorists.The economy deteriorates day by day.
When the national wealth is being thrown out in the 3rd World War at one man's will, collapse of economy is but evident. Imposing taxes to save the country's economy from decline and throwing away all in the war so far resultless will surely bring decline in economy & lose the investor's trust to further invest when loss is evident on all sides. The new president will surely have to see this dark side of the economy and give it a support to stand up as bankrupsy is not at all a good sign.
The way Earthquake affected people afraid of their cracked walls & roofs to be falling on them are sitting under the open sky, in the chilled cold similarly the US investors afraid of declining economy are not investing any more in the collapsed US financial system afraid of their investments to distort in the worst way, thus making the US economy balloon burst altogether. 3:54 And (the unbelievers) plotted and planned, and Allah too planned, and the best of planners is Allah.
The period of 6-18 months for the people to learn the harmful basics seems a joke. As majority of US citizens is educated & aware of the economical crisis. Cheap waged laborers are due to growing global population in search of food. But creating joblessness in USA in search of cheap foreign labor is not the answer. It will burst the economy balloon being patched. The interest rates may be revised to the applicable level. But creating disharmony or joblessness doesnt solve the economical decline
Al-Qaedas head Osama Bin Laden votes for McCain to win the US Presidential elections. He expressed his views on a local TV while giving a glimpse of the book hes writing on Al-Qaedas struggle. He declared Bush govt a source of their global publicity though in a negative style. Even then he favored McCain over Obama to win the US elections & Bush policies to carry on. For that would enable him & his group to destroy US economy more easily & destroy the status of USA as a so called super power.
correct me if i am wrong: bubbles are created when the govornment injects money into a sector, so by doing this bailout and injecting $700bn into the whole US economy, we are turning USA into a bubble, and when that pops there will be NOTHING to stop it.
for the most part, yes. The flood of capital into internet companies and their IPO's led to the stock market bubble of 2000. To limit the severity of the ensuing recession, the Fed pumped $ into the economy, lowering interest rates and creating a housing boom and credit bubble. Now, Fed is flooding the economy with more money, which will lead to a monetary bubble and the $US will likely collapse in a few years. its like the nursery rhyme "The House that Jack Built".
a lot of people who watch this video doesnt understand the video itself .. go and study at home so you would understand what video is talking about a lot of your comment doesnt make sense
lol oh my gawd! this is hella funny! lol USA is fucked! Believe it or not! lol Centuries of fucking up people's lives around the planet, finally got you where you are right now, IN THE TRASH CAN! lol
i don´t think people on the this forum know that China already owns US and the moment they want they can just bring the whole US economy down WAKE UP ! China has 1 trillion in amrican US reserves !
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There is nothing wrong with the Economy. Bush is the best Pres. EVER. He helped the Economy a lot. Its the best in 100 years. I don't see people whine about having big gasoline guzzleing vehicles. The gasoline and diesl is cheap geez. I drove around the USA and Canada and Mexico. I only spent $200,00. Its all on my credit card. The Economy is really really really good. People that are whining are stupid. I use credit cards on my morgage and property taxes and income taxes and my 401K.
I like to feel sexy....knowing someone is watching me ..wanting me...turns me on!BADLY! I like to flirt and pose..and sometimes i like to get WILD! how? ..he he..come in video and youll see:-)) maybe u can teach me something..or maybe i will ! come visit me at _ MeetYourFling (.COM) _ my user-id there is stevana-tnom chat soon on cam :-) hlasgcttn
Whatever happened to the American Dream? Why can't I own a house? Why are my wages $30,000 t0 $40,000 a year? I have a Bachelor's Degree and it's damn hard to get a great career that pays well. Can anyone give me feedback?
I cap arguing with americans who insult me and tell me that america is the greatest country in the world. I sincerely ask myself if they are just patriotic or plain stupid and brainwashed. You cannot own a house in the US because the american dream is just a dream and thae working class has been fooled by the jewish-run federal reserve and banks. You don't have to believe me, you just need to see the facts. The world is ganging up on USA and the dollar is no longer the boss. See what's coming!
lol study history better this has happened to the us before the great depression was the hardest it hit us right now our economy isent strong but there is one thing that has not failed and thats our military when they decided to stop trying to help in the middle east then well get our economy back on track
America your military is part of the problem i beleive
you spend so much on Bombs and Weapons, in comparison to helping the average american.
downsize your military, focus on the life of the average american, and the job they have.
rather than spend so much money on useless products that put your nation in debt rather than help you get out of it. a hellfire missile cannot provide jobs, education, or any service other than to kill and breed hate against you form nations all over the earth.
study history, indeed. empires dont last forever, they eventually decline. The US is an empire, and it is beginning its decline. and when empires begin their decline, they historically rely on their military to remian viable. but that strategy always fails, it is part of a natural course. study the history of Rome, a classic case in the rise and delcine of an empire.
aaa yea there Economy is falline apart here comes wall street 2 you will strugle to feed your family and get fuel for ur 14 mpg suvs the jokes on you know america is not the best any more wait it never was any way its 1 pound to 2 dollars and the $ is falling still bush is such a tard blame him and the trads that voted for him
The ideals, values and morals that once made america the strongest, wealthiest and most admired nation in the world are generally no longer believed in or practiced in america.
People aren't going to stay in their houses when they owe more on them than the house is worth. The wealthy ruling class of this country have taught the working class a valuable lesson. It took a while but we finally "got it". The lesson is, "don't let morality stand in the way of the bottom line". So if by abandoning their homes they can get rid of 20 or 30 thousand in debt, They'll do it. Enron, world com and the bush administration have taught us well. Now we can do it too.
If big U.S. corporation are moving to other countries, then they should be heavily taxed by the U.S. government, and any U.S. business that imports their products should be imposed higher import duties. In that way, American businesses competing for the same market has an advantage, and they should be given more incentives to stay at home. In one sense, American businesses are helping poorer nations to develop but it also affect the U.S. economy. The government must realize what's more important
It is time that America stop importing so much from China, a communist country who is getting richer by the day. Time for government to tax more for importation. If the U.S. want to keep their economy going, they need to export more to gain foreign exchange, especially to the richer countries & those that don't produce much. Thirdly, Americans need to stop living on credit, and above their means. They need to save more. Lastly, they need to curb immigration and get citizens working again.
The U.S. government is spending too much of the U.S. tax dollars in Iraq. The Iraqi government has billions of dollars and they are not spending. They also have oil. It's time the Iraqis stand up on their own two feet, and pay their way now. If they need help with security, then they should pay for it with their own money. It's not fair that the Americans suffer for their problems. Saddam Hussein is long gone. Time for the Iraqis to use their new found freedom to become independent of the U.S.
The economy might be slightly cyclical in nature, but the housing bubble was inflated by extremely low interest rates.
The banking system and the Federal Reserve are the source of the problem. The fractional reserve system is the greatest scam of all time. Where else can you create something (a loan) out of nothing and get paid to do it?
My parents are losing ten's of thousands of dollars every now and then... They can't control that money they are losing because it belongs to the country... (We live in Israel )
Jingle economics is better.. Just turn in the keys and buy 1/3 less. Housing is a depreciating asset NOT SAVINGS..What are you and Suze Orman smoking?
Economy is cylical in nature and the govemrents job is to make society stable, and not support companies to outsource jobs. Not every workers wants to get PHd. Yes open trade makes goods cheaper, but at the expensive of social goods like stable community, education, local services. Dog eat Dog economics is wrong.
When I attended college in the 70's, the way to create wealth for a nation was to add value to raw materials and sell those goods overseas bringing in more money to be spent on raw materials that could again have value added and sold...the key was to capture more money from people overseas than the total of raw materials and inputs of energy and labor. Now it seams we need only cut each others hair and serve each other burgers to have a viable economy(according to NAFTA proponents) Yeah...Right.
The problem with the economy of the USA is we don't make anything anymore. Our all our jobs keep getting outsourced to foreign nations. Also illegal immigrants taking up a lot of jobs and driving wage prices down. Inflation is killing the middle and lower class.
What's REALLY slowing the economy is the fact that we can't indefinitely have growth. How is it possible that in a finite planet with finite resources, such as oil, we can have exponential and non-stop growth? We can't. Eventually, this "growth" paradigm is going to catch up to us, FAST. We're already starting to see the effects of this kind of thinking on our environment. With Peak Oil, we are really going to hit a brick wall and that will be in less than 20 years.
The blame is to the Fed and congress, not just the housing bubble. Theres massive Hundreds of trillions of insurance derivatives that will come due. lack of regulations, and bad Fed policy of low interests...
You can ask different economists a same question and end up with different answers eachtime. Everyone has a different opinion on 'are we in a recession or not'.
We have long been in recession - this administration continues the lie on almost every subject. It is about Corporate America. There are no jobs with pensions, the jobs that do exist are payless, and the food that is being shoved down to us is poor in nutrition. We are in a great whirlpool. We must pay attention and be there for one another.
1 big problem is that corporation are moving to oversea countries. Like Dell,HP, and Microsoft, they moved customer support to india which already means that hundreds of jobs are lost to dirty fucked up indians. US should make a new policy to not move intustries over seas. FUCK CHINA!
There's nothing you can do man. Get over it. The power is not in your hands. Your at the bottom of the poor class. America is doomed. It's going to be like Mexico. You can say "this is what we need to do" but nobody's going to listen to you.
4th America's economy goes through cycle which causes it to go up and down to some level, but it has gone below that level and there we have it, first signs of great depression.
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bakit? anong dahilan?
adelle0001 2 months ago
huh! i thought US are rich enough.
lovelplants 2 months ago
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Its a fact that alcahol and tobacco have killed millions of people. Its also a fact that Marijuana hasn't killed anybody. WHY IS IT ILLEGAL?
Time to wake up, the economy is shakey at best and we are turning down the billions that would come from taxing Marijuana. Not to mention the time and money saved from having to enforce the law against it.
To the antidrug folks out there barking about how its bad for you: You drink coffee or soda? Because caffiene is bad for you too dumbass.
parrisluck123 10 months ago
What's Slowing the US Economy? Rich greedy bitches
reston2301 1 year ago
These guys are the mothers of all problems
They stand on the sideline loaded with bonusses
while the workers are bankrupt
racenemo 1 year ago
lol,
shahoooooo 1 year ago
The main reason is because we make borrowing a business and charges intrest. There will always be a 'financial' crisis.
YgAriff 1 year ago
The answer to what is slowing the economy is easy: Indians!
indiasucksalways 1 year ago
Comment removed
jmallton 1 year ago
Actually, California is the 5th most powerful economy in the world!!!!!
Probably recession is happening only in other undeveloped and impoverished states, such as Alabama, Dakota, Mississippi, Louisiana, or Florida. Not in California, New Mexico, Arizona, Texas, Nevada, Colorado, Washington, Oregon, Illinois or New york, where the economy is strong and progressive! and all thanks M e x i c a n immigrants( majority of Latinos in USA).
Nezahualcoyotl7 1 year ago
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卍 GOD bless HIS HOLY MAJESTY ADOLF THE WONDERFUL 卍
talmudic juden are enemy of God, enemy of all the nations, all the terror proceeds from zionist juden scum.
israel=alqaida
FOX=jewish terrorist news
卍
MsRawrPink 2 years ago
Recession is fake. I see Americans spending in lot of junk and hedonism like always.
At least here in California, ""the 8th most powerful economy of the world"".
Nezahualcoyotl7 2 years ago
You can't see the ship sinking till the rats come to the top deck, so watch out for the clues that are not apparent in plain sight.
Ramiromasters 1 year ago
Little by little, the look of the country changes with the men we choose to admire. . .
(This quote describes both our recent decline -and- our current attempt to restructure our leadership.)
First we restructure the House - then -
the Senate.
Search & Watch from12/20/09
Tim Cox Founder GOOOH Get Out Of Our House - Fox And Friends
GOOOH (Get Out Of Our House!!)
iDaljeTako 2 years ago
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USA is taking the line of creating political, financial, social, & religious stunts that play a vital role in moving forward for its global destruction policies to carry out. US govt has slaved its own nation. Born free taxed to death. $ will not be the global currency any more as declared in G-20 meeting. Internationally global policies of politics & trade are quickly changing. If USA wants to keep standing where it was it will have to leave the war track & not violate global peace any more.
yahoovisitor 2 years ago
the right to bear arms is not to infringed upon! if we are truely a nation ruled by law things would be very different here.they are above the law and also make more laws to enslave us more everyday.the founding fathers put guns on the list of ways to keep tyrants at bay.if we lose the uninfringed right to bear arms than we are just one step closer to total loss of that right.remember the old saying "give an inch take a mile" they live by this rule all they want is more control over us
jesse2076 2 years ago
economy is sensitive by wars
and these American wars are really necessary to provide security for Israel.
so blame Hamas, Iraq, Afghanistan and Iran... because they want their freedom.
AhmadZuher 2 years ago
what makes you think Israel's security is worth us spending Trillions of dollars??? are you really that much of a dunce?
Chromatype 2 years ago
@Chromatype
if someone killed 6 million americans, there were only 13 million americans left, someone gave you a tiny piece of land and then, some dudes from the other side started trowing rockets into your country, wouldnt you need help? you talk but you never had war in your territory. its on the other side of the world. but imagine u were walking in NYC and then people started dying and u lost an arm and a leg. i say hell yeah, israel is worth spending money
MrOllie94 2 years ago
@MrOllie94 Whoever decided to stick Isreal there was really zmart.
Ciaresayton 1 year ago
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The US-MEXICO borders are very sensitive area, it should be stood by the US troops like most countries & USA must create a DMZ!!! otherwise the USA will be falling OFF to the Ocean. (be invaded)
MEXICO would become the Most Base of Terrorist-Gangs Smugglers Country in the World including Illegal Aliens-Sneaking into the USA. (Millions# illegals inside the USA already) Time is Running Out.
MEXICO is Number 1 Crime & Terror in the USA.
jtx1bx 3 years ago
When Obama/Biden/Congress try to ban all usefull semi-auto guns in the U.S., will you wonder why? (hint: it's not about crime)
supajc 3 years ago
We still will have guns, I don't think we really need automatic guns that can kill lots of people... A simple handgun can protect yourself.
Anythingwilldo41 2 years ago
What's slowing the economy? HUMAN WASTE: Lazy people who are on drugs and welfare for life. Women who are on welfare and continue to make more babies then they can afford to raise them. To name a few...drug addicts, high school drop outs, and illegal immigrants slipping over the borders and making more babies.- -Financial Burden-- Cockroaches multiplying by the numbers.The World Trade Center knocked down by terrorists.The economy deteriorates day by day.
lithiu2k 3 years ago
shut up
hubhub27 3 years ago
Comment removed
spacejunkbudha 2 years ago
Comment removed
spacejunkbudha 2 years ago
There are only two classes, the hunters and the hunted.
riverlioness 2 years ago
Comment removed
spacejunkbudha 2 years ago
When the national wealth is being thrown out in the 3rd World War at one man's will, collapse of economy is but evident. Imposing taxes to save the country's economy from decline and throwing away all in the war so far resultless will surely bring decline in economy & lose the investor's trust to further invest when loss is evident on all sides. The new president will surely have to see this dark side of the economy and give it a support to stand up as bankrupsy is not at all a good sign.
yahoovisitor 3 years ago
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The way Earthquake affected people afraid of their cracked walls & roofs to be falling on them are sitting under the open sky, in the chilled cold similarly the US investors afraid of declining economy are not investing any more in the collapsed US financial system afraid of their investments to distort in the worst way, thus making the US economy balloon burst altogether. 3:54 And (the unbelievers) plotted and planned, and Allah too planned, and the best of planners is Allah.
yahoovisitor 3 years ago
The days of paying for the usa economy are over for the rest of us in the world.
There will be a lot worse economic problems before this tide starts to turn.
jetplane2006 3 years ago
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The period of 6-18 months for the people to learn the harmful basics seems a joke. As majority of US citizens is educated & aware of the economical crisis. Cheap waged laborers are due to growing global population in search of food. But creating joblessness in USA in search of cheap foreign labor is not the answer. It will burst the economy balloon being patched. The interest rates may be revised to the applicable level. But creating disharmony or joblessness doesnt solve the economical decline
yahoovisitor 3 years ago
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Al-Qaedas head Osama Bin Laden votes for McCain to win the US Presidential elections. He expressed his views on a local TV while giving a glimpse of the book hes writing on Al-Qaedas struggle. He declared Bush govt a source of their global publicity though in a negative style. Even then he favored McCain over Obama to win the US elections & Bush policies to carry on. For that would enable him & his group to destroy US economy more easily & destroy the status of USA as a so called super power.
yahoovisitor 3 years ago
what the fuck is up with this economy?? damn it's like companies buying each other out, companies shutting down....got damn will this shit ever end?
P.S.: people are goin to start to get desperate 4 money
jmoneyblood 3 years ago 3
correct me if i am wrong: bubbles are created when the govornment injects money into a sector, so by doing this bailout and injecting $700bn into the whole US economy, we are turning USA into a bubble, and when that pops there will be NOTHING to stop it.
Tr1llobite 3 years ago 3
Not wrong at all.
It will pop up a few months after the elections.
You see everything rosy and almost back to normal in the US, only if you are an animal. You are not.
Nobody can avoid reality for long.
bushisacoxucker 3 years ago
its now $8tn, not $700bn
for the most part, yes. The flood of capital into internet companies and their IPO's led to the stock market bubble of 2000. To limit the severity of the ensuing recession, the Fed pumped $ into the economy, lowering interest rates and creating a housing boom and credit bubble. Now, Fed is flooding the economy with more money, which will lead to a monetary bubble and the $US will likely collapse in a few years. its like the nursery rhyme "The House that Jack Built".
fubecaman 3 years ago
I was the only one on YouTube that predicted September 29th over 400 days ago.
11001010110 3 years ago
congratulations
fubecaman 3 years ago
"What's Slowing the US Economy?"
Hmmm.. could it be that there is no such thing anymore?!!
Even Bush has been forced to say it. FUNNY STUFF - He will try to print 70 billion more toilet pap.. errr dollars to try to fix it!!!
jetplane2006 3 years ago
Toilet paper?
We should ask the Fed to put Bush´s effigy to wipe my dirtiest and smelliest part of my body.
bushisacoxucker 3 years ago
a lot of people who watch this video doesnt understand the video itself .. go and study at home so you would understand what video is talking about a lot of your comment doesnt make sense
DYOWA 3 years ago
lol oh my gawd! this is hella funny! lol USA is fucked! Believe it or not! lol Centuries of fucking up people's lives around the planet, finally got you where you are right now, IN THE TRASH CAN! lol
FloppyDisKKK 3 years ago 2
It will be funny to see all the rich lose everything because the dollar will be worthless. They better buy food now to barter with
caganb 3 years ago 2
i don´t think people on the this forum know that China already owns US and the moment they want they can just bring the whole US economy down WAKE UP ! China has 1 trillion in amrican US reserves !
marioespartano 3 years ago
GET it through your fucked heads. The Economy is the BEST EVER.
faribaultcounty100 3 years ago
Obvious troll is obvious.
SPARTAN021 3 years ago
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There is nothing wrong with the Economy. Bush is the best Pres. EVER. He helped the Economy a lot. Its the best in 100 years. I don't see people whine about having big gasoline guzzleing vehicles. The gasoline and diesl is cheap geez. I drove around the USA and Canada and Mexico. I only spent $200,00. Its all on my credit card. The Economy is really really really good. People that are whining are stupid. I use credit cards on my morgage and property taxes and income taxes and my 401K.
faribaultcounty100 3 years ago
BOREING american Economy wall fall very very soon you will all be poor bo ho
kampfdrew 3 years ago
Very funny, thanks!!
Gudrun74 3 years ago
ForaTV could you please delete the comment below, it is DEFINITELY NOT from me!!
tx
Gudrun74 3 years ago
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I like to feel sexy....knowing someone is watching me ..wanting me...turns me on!BADLY! I like to flirt and pose..and sometimes i like to get WILD! how? ..he he..come in video and youll see:-)) maybe u can teach me something..or maybe i will ! come visit me at _ MeetYourFling (.COM) _ my user-id there is stevana-tnom chat soon on cam :-) hlasgcttn
Gudrun74 3 years ago
Education is very overpriced, housing was very overpriced, basically American lifestyle/dream is very overpriced... needs Vs greed...
meka4996 3 years ago 3
Whatever happened to the American Dream? Why can't I own a house? Why are my wages $30,000 t0 $40,000 a year? I have a Bachelor's Degree and it's damn hard to get a great career that pays well. Can anyone give me feedback?
Hondaandbigman 3 years ago
I cap arguing with americans who insult me and tell me that america is the greatest country in the world. I sincerely ask myself if they are just patriotic or plain stupid and brainwashed. You cannot own a house in the US because the american dream is just a dream and thae working class has been fooled by the jewish-run federal reserve and banks. You don't have to believe me, you just need to see the facts. The world is ganging up on USA and the dollar is no longer the boss. See what's coming!
bububeta 3 years ago 3
lol study history better this has happened to the us before the great depression was the hardest it hit us right now our economy isent strong but there is one thing that has not failed and thats our military when they decided to stop trying to help in the middle east then well get our economy back on track
EarDestroyer 3 years ago
America your military is part of the problem i beleive
you spend so much on Bombs and Weapons, in comparison to helping the average american.
downsize your military, focus on the life of the average american, and the job they have.
rather than spend so much money on useless products that put your nation in debt rather than help you get out of it. a hellfire missile cannot provide jobs, education, or any service other than to kill and breed hate against you form nations all over the earth.
ChickenMagic2 3 years ago
lol. terrible argument. terrible argument.
study history, indeed. empires dont last forever, they eventually decline. The US is an empire, and it is beginning its decline. and when empires begin their decline, they historically rely on their military to remian viable. but that strategy always fails, it is part of a natural course. study the history of Rome, a classic case in the rise and delcine of an empire.
fubecaman 3 years ago 2
aaa yea there Economy is falline apart here comes wall street 2 you will strugle to feed your family and get fuel for ur 14 mpg suvs the jokes on you know america is not the best any more wait it never was any way its 1 pound to 2 dollars and the $ is falling still bush is such a tard blame him and the trads that voted for him
kampfdrew 3 years ago
The ideals, values and morals that once made america the strongest, wealthiest and most admired nation in the world are generally no longer believed in or practiced in america.
fubecaman 3 years ago 3
People aren't going to stay in their houses when they owe more on them than the house is worth. The wealthy ruling class of this country have taught the working class a valuable lesson. It took a while but we finally "got it". The lesson is, "don't let morality stand in the way of the bottom line". So if by abandoning their homes they can get rid of 20 or 30 thousand in debt, They'll do it. Enron, world com and the bush administration have taught us well. Now we can do it too.
Mechman064 3 years ago
If big U.S. corporation are moving to other countries, then they should be heavily taxed by the U.S. government, and any U.S. business that imports their products should be imposed higher import duties. In that way, American businesses competing for the same market has an advantage, and they should be given more incentives to stay at home. In one sense, American businesses are helping poorer nations to develop but it also affect the U.S. economy. The government must realize what's more important
tweezwanen 3 years ago 4
true
hohahohi 3 years ago
It is time that America stop importing so much from China, a communist country who is getting richer by the day. Time for government to tax more for importation. If the U.S. want to keep their economy going, they need to export more to gain foreign exchange, especially to the richer countries & those that don't produce much. Thirdly, Americans need to stop living on credit, and above their means. They need to save more. Lastly, they need to curb immigration and get citizens working again.
tweezwanen 3 years ago
no, they just need to stop wealthcare and force people to work, cause our town has a bunch of lazy asses who get wealth care and don't do jack shit.
hohahohi 3 years ago
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The U.S. government is spending too much of the U.S. tax dollars in Iraq. The Iraqi government has billions of dollars and they are not spending. They also have oil. It's time the Iraqis stand up on their own two feet, and pay their way now. If they need help with security, then they should pay for it with their own money. It's not fair that the Americans suffer for their problems. Saddam Hussein is long gone. Time for the Iraqis to use their new found freedom to become independent of the U.S.
tweezwanen 3 years ago
The economy might be slightly cyclical in nature, but the housing bubble was inflated by extremely low interest rates.
The banking system and the Federal Reserve are the source of the problem. The fractional reserve system is the greatest scam of all time. Where else can you create something (a loan) out of nothing and get paid to do it?
rseveran 3 years ago
My parents are losing ten's of thousands of dollars every now and then... They can't control that money they are losing because it belongs to the country... (We live in Israel )
Grrrrr Come on fix this damn problem...
internetshock 3 years ago
Whats slowing the US economy, Pelosi and company.
mahowel 3 years ago
Jingle economics is better.. Just turn in the keys and buy 1/3 less. Housing is a depreciating asset NOT SAVINGS..What are you and Suze Orman smoking?
highwaytoSerfdom 3 years ago
"What's slowing the US economy?"
- The Euro.
The Euro has dethroned the US dollar from its position as THE "world currency", whether experts like it or not.
The best thing for the US (a country I happen to love, although I'm European) to do now is to become an EXPORTER, or let's put it this way;
a real trader.
Americans will no longer be able to import a high standard of living by exporting dollars.
scholion 3 years ago
This has been flagged as spam show
screw
the economy.
I'm not affected by it
Ha Ha Ha Ha Ha Ha Ha Ha Ha. lol. :)-
dave98503 3 years ago
Economy is cylical in nature and the govemrents job is to make society stable, and not support companies to outsource jobs. Not every workers wants to get PHd. Yes open trade makes goods cheaper, but at the expensive of social goods like stable community, education, local services. Dog eat Dog economics is wrong.
gizmosells 3 years ago
When I attended college in the 70's, the way to create wealth for a nation was to add value to raw materials and sell those goods overseas bringing in more money to be spent on raw materials that could again have value added and sold...the key was to capture more money from people overseas than the total of raw materials and inputs of energy and labor. Now it seams we need only cut each others hair and serve each other burgers to have a viable economy(according to NAFTA proponents) Yeah...Right.
DinosaurAE 3 years ago 2
This guy mentions Greenspan, you know he is not telling the whole truth.
swalker711 4 years ago 3
The problem with the economy of the USA is we don't make anything anymore. Our all our jobs keep getting outsourced to foreign nations. Also illegal immigrants taking up a lot of jobs and driving wage prices down. Inflation is killing the middle and lower class.
bdc03 4 years ago
What's REALLY slowing the economy is the fact that we can't indefinitely have growth. How is it possible that in a finite planet with finite resources, such as oil, we can have exponential and non-stop growth? We can't. Eventually, this "growth" paradigm is going to catch up to us, FAST. We're already starting to see the effects of this kind of thinking on our environment. With Peak Oil, we are really going to hit a brick wall and that will be in less than 20 years.
mkemerson 4 years ago
Good point. It's very basic logic.
My definition of economic growth =
The amount of oil derived energy + raw materials converted and sold to the population as useless consumer junk, then used for toxic landfill.
bbagginz 3 years ago 2
The blame is to the Fed and congress, not just the housing bubble. Theres massive Hundreds of trillions of insurance derivatives that will come due. lack of regulations, and bad Fed policy of low interests...
mrzack888 4 years ago 3
This guy is so over educated he fails to understand the fundamentals of basic Economics!
philips78 4 years ago 3
You can ask different economists a same question and end up with different answers eachtime. Everyone has a different opinion on 'are we in a recession or not'.
Seiku 4 years ago 2
We have long been in recession - this administration continues the lie on almost every subject. It is about Corporate America. There are no jobs with pensions, the jobs that do exist are payless, and the food that is being shoved down to us is poor in nutrition. We are in a great whirlpool. We must pay attention and be there for one another.
swalker711 4 years ago 4
1 big problem is that corporation are moving to oversea countries. Like Dell,HP, and Microsoft, they moved customer support to india which already means that hundreds of jobs are lost to dirty fucked up indians. US should make a new policy to not move intustries over seas. FUCK CHINA!
hohahohi 3 years ago
There's nothing you can do man. Get over it. The power is not in your hands. Your at the bottom of the poor class. America is doomed. It's going to be like Mexico. You can say "this is what we need to do" but nobody's going to listen to you.
Hondaandbigman 3 years ago
1st I'm not in poor class, I'm in middle class.
2nd people have power to stop it.
3rd it won't be like mexico
4th America's economy goes through cycle which causes it to go up and down to some level, but it has gone below that level and there we have it, first signs of great depression.
hohahohi 3 years ago
This weasel-talking liar is so full of shit he should be brown. the "recession" is caused by out-of-control national debt.
johntheother 4 years ago 10