Economy on the brink

[Brendan2080]

Im not fucking around when i say this. The world is overpopulated. People really dont give a fuck,

[TheSeaMyst]

debra luderback you will find your royters will all be dropped into the HOLL OF HELL

[alangentrinapestegui]

thank God that old fart is no longer president. thank God McCain didn't win. or this job market would have been 10 times worse than it is now and the rich would have more money.

[Brendan2080]

I think America is overpopulated and parents dont educate their children on what is right and wrong. I think we should fix that first. Supply condoms and better parents lol

??

[DarrelfromZeeland]

@Brendan2080 I have a better idea. Put God back into our schools, ban rock music, rap, MTV, Comedy Central, and pornography, and bring back the Hayes code for movies and tv shows. Require everyone to attend church at least once a week or be fined.

[Brendan2080]

@DarrelfromZeeland that sounds like ti would work but then again thats really radical. And im agnostic not really religious.

[DarrelfromZeeland]

Radical is murdering innocent babies and calling it "choice. Radical is letting fags marry and serve in the military. Radical is forcing us to buy health insurance. Radical is polluting our children's minds with rock music, rap, hip hop, MTV, Comedy Central, Hollyweird, pornography, crucifixes in a jar of piss and elephant shit on the walls and calling it "art" and "freedom of expression". Radical is banning God from our schools and calling it "seperation of church and state".

[Brendan2080]

@DarrelfromZeeland Polluting kids minds would be called carelessness. Radical is doing something out of the extreme. We have been doing this gradually. Idc about forced health insurance because everyone should have a job and if someones injured with no money, its unfair to the doctors. No garunteed pay. Theres way to many types of religion and in private schools there are some teachings of god. And unless the thought of music was swept from the human mind, i think man would still have it.

[kingofgames714]

the economic problem is easy. MORE FOREIGNERS. i mean thats what our forefather fought for. they literaly sat down and said, "lets make the american dream a dream were our grand children and their children can be over ran by foreiners and take american jobs so that one day our great great grand children can be poor beggars in a country we created". for those of you who dont understand sarcasm. this is not what the american dream is and not what we died fighting for. WERE POOR.

[ycformosa]

you still don't get it. It is the Fed caused the problem. not foreigners. do you know how much us bond that foreign country hold? Those money are gone.

[Lightalight]

in our societies system it is legal to rise interests as the bank pleases and the manager wants. a moral society would see, that it is not right to shovel all mens earnings to a bankster till human beings on our earth can not even pay a roof over theír head anymore. is everybody going insane over money? we people are one and should help each other and not individually run freaky after money for himself. money is nothing. everybody needs food & shelter. where's the heart of all you people?

[homesrustosave]

Attention Save Your Home Come To our site we will get you in contact with a loan modification expert for free visit homesaver(DOT)tk

[TALLMATE73]

bush has millions hes not worried

[buzzz1213]

He also bought 100,000 acres in Paraguay (google it) to build his compound for his family when the shit hits the fan!

you must understand politicians must be compensated for the privilage of looting the people who put their trust and faith in them!

[downbitch18]

what economic growth really is, is rising costs of life, low wages, and mass labor, thats all it really is

[viewtifuljoe02]

Yep, the world will end in probably 300 years or less. Failing Economy, depletion of nonreneable resources, growing population (I wouldnt exactly call it bad because there PEOPLE), global warming, rising sea levels

[mozaks80]

Bye bye America.

[eighthgap]

People didn't buy homes they couldn't afford! My sister's mortgage payment went from $600 per month to $1,100 per month, that's the scam, that's how and why people are losing their homes!

[StepOff1276]

Eighthgap,

I have to be honest with you and tell you that they did not scam your sister. Your sister just did not get educated about what she was signing. Now don't get me wrong, I am not saying your sister is not smart. I am saying that THEY should have educated your sister about what she was getting into. They played off the ignorance of people instead of advising people about the choice they were making and then letting them make a decision that was best for them.

[eighthgap]

I appreciate the response. One fact however is the lender lied. They told my sister that she could only get the variable interest rate because of something in her credit. She was in a bind and had to accept it. In Canada they protect their citizens. No mortgage rate can exceed 6% and many with good credit are paying 3%.We have to many shady lobbyist and to many legislators who will accept $45,000 bribes that end up costing tax payers much more in the end.

[baruco32]

that is so true that had happean to my cousin now he has lost his home he was paying 750$ and jumped up to 1200 or so !! it is the greedy ass mf that are money hungrey just like a car salesmen may all of them burn in hell or on a stick wat the f&^& ever man!!

[noaccountman]

Comments about the price of homes being too high are strange. Foreclosed homes from people who bought over their heads are in public sales for bargain prices. Loans are written for those with credit to buy them. Had the "bailout" not been done, we would have seen softening of home prices. Millions could have moved into affordable homes. It's how capitalistic society works. With a "bailout," prices are restored, keeping market pressures from controlling prices. The "people" don't have a clue.

[fuzhou888]

zeitgeist: the federal reserve <--Search YouTUBE

Federal Fraud <--- Search YouTUBE

USA is a COUNTRY of DEBT

its Citizens are in DEBT, Debt = Slavery

COPY / PASTE MY Comments

[lcjeepr]

What will the banks do when there are mansions all around and no one to buy them. will we get two homes for the price of one?I know that where I live things are getting bad.Luckily I live in a neighborhood built 50 years ago.New suburbs have up to 10 foreclosed homes in them.Now the great thing is that so many people will lose their asses that housing will fall so far that people will be in thier homes for way more than they are worth.Then the banks will be screwed like us I guess? Get Ready!

[moviedude111]

Hmm, and look at what happened yesterday on wall street

Bye bye bankers!

[bigdog49094]

Bye bye bankers? Bye bye America

[moviedude111]

Friday is going to be the crucial day.

[bigdog49094]

dude

Why do you think Just Friday and not today or Monday or Tuesday?

[moviedude111]

I am kind of optismistic, that the insanity would stop.

My gut says it is bad though

China, Japan's investment as well as another 300 billion from the feds proped up the market today.

[lcjeepr]

The damn realtors and brokerage houses have screwed us all and sold us down the river.They don't care they just bought legislation to protect themselves and things are good for all of them.Meanwhile where I live prices have gone up so much that a damn starter home is 215,000$.How many people starting out can afford that? Its a bunch of BS.What we need to do is look into how many of these firms committed mortgage fraud and hang them all!Nobody is going to be free from the effects of these f ups!

[odin422]

GROW YOUR OWN FOOD!

[kng863]

If stimulus checks will help most people buy homes, then we need about 200 x $300 = $60000 just for a downpayment on a house. Stimulating the economy is like injecting steroids into a corpse.

[kng863]

Real estate agents need tougher certification standards. Like a course in economics. They really think they can sell anything at whatever price they want. The only people that could probably afford are the foreigners, but i think they don't want to live in USA because the REAL ESTATE IQ is so low as well as all other fascets of education.

[kng863]

Home prices do not reflect realistic incomes and employment levels. Enough said. The recession is gonna last for years especially for those who built McMansions in middle class neighborhoods. Way to go with giving huge loans to people with no incomes. Now we have high unemployment and inflation. There was definitely something wrong when local teachers, cops, firemen could no longer afford to live in their own towns.

[mungcray]

come to michigan. the shit is real bad here. you have no idea!

[bigdog49094]

Gov Grandholm has her COOL CITIES program tho. LOL

[KARStarla]

We've seen NOTHING YET, want to watch the most informative videos on the net of whats only started in America?

Watch this

"Syndrome of control" by Lindsey Williams

Then after watching that PLEASE INFORM OTHERS SO THEY KNOW

[DOLLARCRASH1984]

every nation gets the leaders they deserve!!!

USA = NATION IN DECLINE

PETRODOLLAR

1974 - 2008

REST IN PISS

[rsmrtiddles]

Dollarcrash, you are mental and know absolutely nothing about anything. In fact, a tick has a better chance at understanding the economy that you do. I would recommend that you go back to your cave and hide from the rest of the world.

[LuciusBrutus]

It was a loss of about 90,000 to 100,000 private sector jobs.

[castanol]

There's no mystery. Spend more than you earn and sooner or later you are in trouble. This applies for a person, a family, a company or a country. Booster shot? That means print money. YOU DONT HAVE ANYTHING TO BACK IT UP, George. The average American will end up paying by seeing their dollars turn to worthless paper. But not the rich, of course. They already bought commodities and are making themselves even more rich! What a great country!

[LuciusBrutus]

And even if the non-rich wanted to they couldn't buy those commodities anyway. What will they buy with? Credit? And they can't live or eat it unlike the wealthy who can sit on it.

[Crickettedog]

@castanol: In the 1929 depression, the rich bought 3 and 4 houses at one time. The price went way up after the depression. George Bush is the Decider. Remember? We have nothing to worry about.

[appregios]

bull, get out of the war we are broke

[Erazmus72]

Everytime I see Bush or Bernanke, I want to buy gold and silver...a lot of it!

[kkob]

Wow. You all do realize in 2005 Greenspan was **encouraging** banks to offer more *creative* financing so more people could get credit to buy a house, right? See the post on the fed on my blog. This isn't just Americans being stupid, this is Americans being raped... by corporate America and the US gov't. Oh, wait, the Fed isn't even part of the government... Hmmm...

[Dburton1483]

Make no mistake, my fellow Americans. This will be an inflationary depression. We are $10 TRILLION dollars in debt, we run an $800 billion annual trade deficit, the gov't is huge and fiscally irresponsible, and Americans have stopped saving and are in historic amounts of debt on a personal level. We NEED this to wake us up. Embrace what is coming, buy silver and gold, GET EDUCATED, WRITE YOUR CONGRESSMAN!

Peace, and God Bless America.

[skipqtexas]

america is in the shit. There will be no more america. russia and iran will destroy babylon. Its all in the bible.

[AirelonTrading]

Not whatever delusion you're talking about.

[skipqtexas]

The truth hurts doesn't it. All you gentiles can go down with this abominal land. Where you promote every sin under the sun

[ElGrandinquisitor]

They just released figures showing Iraq costs the US 12 billion a month.Think that might contribute a little? Bush bankrupted every company his Daddy gave him and it looks like were next.

[chiller563]

Recession??? What a crock. This is more like a depression. The only difference between now and 1929 is that people didn't have credit to live off of. We better wake up and do something about this and but fast. I don't mean the gov't, I MEAN US.

[Daritto7117]

Its not a depression. And honestly its bearly a recession. A recession is defined as haveing 2 or more guarters of negative growth. Were bearly up to that. And a depression is a long period of recession (more than a yr.).

This is mearly a negative growth in our economy. I have no doubt we'll bounce back eventually!!! But I do agree with the credit cards that many of us live off of. Its a leach on our economy ;|

Peace ;)

[barchetta575m]

. Our government where to do that like many European nations we would have lower college tuition costs, No insurance to be paying plus spending thousands of dollars in medication your insurance will just not cover, and not be stuck in traffic for countless hours (big waste of fuel!!)

[sbmillionair]

Lol, government numbers. Oh remember the weapons of mass destruction?

[Daritto7117]

what? ofcorse im talking about numbers..thats all the economy is. NUMBERS :)

[rickrocker]

we're propping it up. What you see on CNBC is a lie. I'm an optamist but I can't deny that oil and the credit crunch is about to shatter the economy. Helicopter Ben keeps throwing money we don't have at it and Bush is giving away taxes that the government still needs.

[Daritto7117]

Our economy to strong to be shattered by that. Maybe 2nd world or 3rd world counties then possible yes.

Our money is still heavily missmanaged and yes the NEWS STATIONS are making its seem bigger than it really is. ITS JUST NEGATIVE GROWTH PEOPLE. Its the opposite of positive.

[rickrocker]

There are other influences at work. Such as the demand for the rest of the world to separate from the USD, housing, our over-expended military, etc etc etc. There will be people dying here shortly and countries moving to other monetary values. The only things that makes me negative is that no one seems to know where the bottom is and other countries are sick of being tied to us. Germany felt negative growth post WWI. Wheel barrows of Marks because they printed money from thin air like Ben and AL

[Xakryn]

George bush is optimistic about the economy, doesn't that tell you something right there?

[Daritto7117]

Well I consider myself a very patriotic american but this is what americans deserve. For all of their countless spending, millions are in debt, buying home you cant pay off, and spending way more than you need, and CREDIT CARDS.

This is what americans need, a sort of slap in the face or like hitting a brick wall. Hopefully, the economy will come out better than before this slight recession.

-Thanks Reuters Peace everyone :)

[bluenote71]

I totally agree. Perhaps, during this troubled time, there will be solidarity among the people, and they'll give up there lofty material desires.

[Daritto7117]

I concur. More, prehaps upper class americans, need to see what it means to feel a "tightness" in their wallets and purses. This economy wont hurt them as much as it will hurt the middle and lower classes of America.

I just hope more people will see that buying a 5,500 sq. foot home on a salary of 40,000 a year might be overdoing it a bit:)

[barchetta575m]

Yes but just because "upper class" Americans deserve this kind of "lesson", do the rest of lower and middle class Americans deserve this? high food prices, gasoline, low dollar value, etc. My parents did not buy a new home for them to show off, they bought their condo because they needed it for their growing family. For many Americans buying a home is a necessity not a luxury. Buying a Mercedes over a Kia is a luxury.

[Daritto7117]

Umm. I agree to a certain extent. However, the facts are obvoius we are 9 trillion dollars in global debt. Which trickles down to about 32,000 in debt for every citizen. Why??

Its because many americans, including myself, need to learn how to budget themselves. Instead of name brand try a substitute. Instead of a $250,000 home why not buy that condo?? Thank God that I learned my lesson early in life.

PEACE ;)

[barchetta575m]

Yeah, Credit Cards are not a good option, but most of our 9 Trillion dollar debt is hardly from our silly spending, How much of that money is from war spending? Why spend trillions of dollars in war? We can easily be spending all that money in education, Universal Health care system, and advancements in public transportations

[silversalvo]

Thanks to whom ever is posting these.