Bush Gardens; March Job Loss: 742,000; Obama saya Bankruptcy Best option for GM and Chrysler;

Obama Said Bankruptcy is the best option for GM, Chrysler
•Obama is also prepared to let Chrysler go bankrupt
•*I agree with the President 100%. These companies need to restructure themselves and renegotiate with the union.
•*I think it cost twice as much to fund a GM worker than a worker for a Japanese company.
•GM has 60 days to come up with a plan for deeper cost and debt reductions than its previous plan.
http://www.bloomberg.com/apps/news?pid=20601087&refer=top_news&sid=aA...

Toyota, Nissan Lead 32% Plunge in Japan Auto Sales
•the lowest level in 35 years
•The foreign car makers are struggling with sales, too.
•But GM has more expenses.
http://www.bloomberg.com/apps/news?pid=20601087&refer=top_news&sid=aM...

Battle between the police and protesters outside of the G20 meeting.
•Anti-capitalist protesters broke into a branch of the Royal Bank of Scotland in London
•4,000 protesters demonstrated outside the Bank of England
•People are being arrested.
http://www.timesonline.co.uk/tol/news/politics/G20/article6015252.ece

Obama accepts invitations to visit China, Russia
http://apnews.myway.com/article/20090401/D979MS1O0.html

ADP Says U.S. Companies Reduced Payrolls by 742,000
•larger than economists forecast
•and its the most since records began in 2001
•private sector job loss and doesnt include public sector hiring
•*ADP usually has a low number in comparison to the actually government job loss number
http://www.bloomberg.com/apps/news?pid=20601087&sid=a5v2qhnRrcWU&refe...

CNN Money article called Employment reports show mixed picture
•*No, it doesnt. The picture is clear. Things are getting worse.
•The revised number for February was 706,000, March was 742,000
•An outplacement company says planned layoffs fell for second straight month
•*Okay, are they counting both the large and small companies. The local businesses.
•*It doesnt seem mixed to me
http://money.cnn.com/2009/04/01/news/economy/job_cuts/index.htm?postversion=2...


Recession gardens' trim grocery bills, teach lessons
•W. Atlee Burpee & Co., the largest seed and gardening supply store in the country, says it has seen a 25 to 30 percent spike in vegetable seed and plant sales this spring compared with last.
•*I wonder predicted thisoh waitGerald Celente. He said that people were going to start planting Bush gardens.
http://www.cnn.com/2009/LIVING/04/01/recession.garden/index.html?iref=t2test_...

Construction Spending Falls Less Than Expected
•The Commerce Department said spending on construction projects slipped 0.9 percent in February
•Spending on public construction rose 0.8 percent in February
http://www.cnbc.com/id/29990031

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[nomoresleep870]

Nice video again! Don't forget basic medical supplies also...If anyone has a 1.00$ store around them you can stock up on a TON of stuff for cheap...these joblosses are just staggering....

[UTubeConspiracy]

GM will not be an orderly Bankruptcy it will go into Liquidation. A total break down and all the retirees will be screwed.

[Taxminia0311]

@mrbb33 I agree w/ u about this fuck ass whole president OBAMA who got no mama.....but, yet everyone was with the so call "Si se pude" ="Yes we can" bullshit.

Instead thess mothfucker who voted for his dum black ass should've been saying "Puneta no se fucking puede idiotas"= Listen you dumb black mother fucker "No we fucking Can't"...Then the basterd got the nerve to go on T.V. and say "I don't know what to do" Bitch we could've told you that fromt he begining asswhole your foot is to deep in

[Taxminia0311]

Buy ford yeah right Ford= Found Or Repair daily/ Found On Road Dead...do you blam American when they buy Toyota or Honda, thier motor and the quality enginering is the best compare to american cars motor which they only know how to build is SCRAPPY cars.

[Joguecas]

Only one option for creating jobs in the USA,. STOP BUYING TO CHINA!!

[09reason]

Toyota is now more of an American car company than GM

Stand up for free enterprise...BUY FORD

[Spahi77]

i hope a revolution starts in the mid-west.....stock up on canned foods and ammo baby.....Viva la revolution.....here in Brooklyn NY i am just waiting to incite a riot!! LOL

[IDriveAmerican]

well said.

[IDriveAmerican]

you got some die hard facts keep up the good work I am gald there are still smart people putting stuff on you tube.

I trust you don't want them to go out for good right.

[hiphopsocnroc]

Again more good info.

Once suggestion, I know in light of the current situation, maybe it would be very good to try to uplift the mood of the people with something they can do to continue with their lives despite all the bad news in the world.

Keep up the good work.

[BlackMask2012]

What I think should happen with the banks is NOTHING, let the smaller successful banks rise up and the losers crash.

There should be bailout for NOBODY.

America should live within our means that means spending less than what's collected in taxes.