Bracing for higher job losses

[healthhavencom]

Robert Reich is the Ultimate Jackass.

[fal2grace]

:) thanks for commenting.

[n057828]

Q why does every second person high up have a Jewish surname???mmm

[Tigerpaws9097826]

He's right about the need to renew the Glass-Steagal Act - I wonder why no one within the political system seems to be calling for that? Ah, well . . . it's a guess of course, but I bet he's right about an ongoing stimulus, too.

[fal2grace]

We desperately need glass-stegal, but i think the lobbyists have too much influence to get something like that passed right now. Hopefully that will change. Thanks Todd!

[drewd1987]

Can't stand MSNBC. "The place for neurolinguistic programming and capitalism bashing".

[fal2grace]

thanks for commenting.

[centervilletn]

too bad the feds wont give me a GS 11 job...pay grade is good...im not greedy...

[fal2grace]

that'd be nice Ken:)

[centervilletn]

did riech dye his hair blond?...thats creepy!

[TheSharpenedPen]

The answer from this so called 'expert' is for MORE government jobs!? Ludicrous; asinine. Words cannot describe the monumental stupidity of such a move.

If America has converted completely to communist principles, which have never worked, except to fool slaves into a false utopia of sheer hell, then this is a reasonable approach. Otherwise, government needs to get the hell out of the way, stop stimulating, and start cutting. It will hurt, but the real problem is deficit and debt.

[fal2grace]

thank you for watching and commenting.

[Raycheetah]

Washington is incompetent at best, and guilty of deliberate malfeasance, at worst. We do NOT need another "stimulus." We already PAID out for one, and got a bunch of pork-barrel garbage. And Barry Zero will not countenance a tax credit for anybody, when he can just squeeze HARDER, instead. ='[.]''=

[fal2grace]

well said... thanks ray.

[CTOL1]

Direct government employee Wist zee red armz band........ ya

Who do you work for? "GM, Gobernment Motorz"

Interesting Video, Me thinks we seeing a "Predictable Prediction" just now.

Nothing like planting the thought, so when it comes to pass you will already be on board.

Noz que upz fer dez injectionz, ist not goink toz hurtz at allz mi dralinkz

[debtruth1]

yes, reinstate glass steagall!! please.

[fal2grace]

amen to that!!!

[qminusis]

Could be too late already, watch the stock markets going down and the gold price. Gold is exploding and the USD gets stronger. Very unusual. And the best: Warren Buffet bought the largest rail operators in North America. He might know what he's doing. I guess the fan was hit but we don't know yet ...

[fal2grace]

it's all uncharted territory.... at least to me... tomorrow might be big drop in the market...

[qminusis]

Yes could be possible. I hope Joe Average has taken his toys from the playground and checks for shelter.

[fal2grace]

watch?v=6-ozN5H3a20

[qminusis]

Thanks. got wepollock on my list ;-)

Good source btw

[fal2grace]

yep, he's good.

[centervilletn]

one thing driving up gold today was India purchased 200 metric tons of gold from IMF....

[fal2grace]

yep, it just skyrocketed.

[qminusis]

Yupp, but the FED meeting should take this even. There's more than we know about ...

[rich2rock]

The tax credit is a good idea, but.....as long as it doesn't play on the fact whether or not you have ins.!!!! Fuck the insurance companies, they aren't doing anything in the favor of the people they are supposed to protect in the first place!!!

[fal2grace]

yes, the insurance companies are terrible... thanks for commenting.

[JOHNNYH8STHENWO]

I like what he said about jobs, but he thinks we need to keep spending, and that's what got us into this mess. We need to start saving.

[fal2grace]

right; i don't agree with additional stimulus... unless they'd take it from the banks and give it straight to the people.

[JOHNNYH8STHENWO]

lol, good call

[fal2grace]

:) :)

[Stargirl70]

More government jobs? The government doesn't produce or manufacture anything of value does it? Does this mean taxpayers paying for the unemployed to work for the government? Where does the money come from to pay for these so called jobs? Sorry for all the questions, this is really confusing. It just seems to me that common sense would be to reduce the size of government, not expand it. The larger govt gets, the more it costs to run it.

[fal2grace]

They're all good questions... no easy answers. What's certain though is the unemployment numbers keep rising. Thanks for commenting.

[debtruth1]

this is a great point!!!

[1mealperday]

we should all love Ratigan

[fal2grace]

He seems sane...