The Economy: A Deeper Look

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Uploaded by on Aug 14, 2010

Jeff Glor talks to Vince Farrell, chief investment officer for Soleil Securities, about the recovery, the stock market and unemployment.

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  • @dumnuts1 Very silly. No, they are not spending because they are collectively mad at the democrats for imposing more rules. Just listen to Mr. Forbes who said it on one of the sunday shows. No one really cares about how much taxes they will have to pay. It will not hurt their bottom line.

  • I didn't even know CBS was still around...lol

  • @dumnuts1 oh i get it...so then, in addition to you getting on your knees and kissing their feet, we should make their earnings and everthing else completely tax free in hopes a crumb of their spending just might trickle down to you?

  • @dumnuts1

    Obamanopoly money for all.

  • @shfbdfi1273 It's not a game. Obama gets it all. Oh, I forgot -- he brought us "back from the brink."

  • @chingon711 They already left for Tuscany. Their money is where you'll never get at it. Don't you get it? Nobody is spending because they don't know what the Democrats are going to do next. Possibly tax your toenails -- who knows?

  • The U.S. economy will not get off the ground until the Obama administration and its supporters in the Congress are given the heave-ho.

  • The blame game.

  • All major indicators point to a Deflationary Depression early 2011. FED cannot do anything to stop it. If they print money, they destroy the economy. They will not do that. They are boxed in. Europe is in big trouble. Our stock market will crash below 5000 before this year ends.  There is nothing to hold it up. Money is leaving faster than the gulf oil leak. The stock market is toast! There is no such thing as a jobless, cashless, recovery. Impossible!

  • "Recovery" = economic disaster

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