The Great Recession , The Long Recession, WTF?

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Wilmington, Ohio, 10,000 jobs lost, glass half full? or empty? This Town is running on hope and change. 60 minutes calls out the BLS with 17% unemployment and this is the money quote,

"It exactly the kind of town Washington hoped to rescue with the Stimulus spending, Cash For Clunkers and Mortgage Debt Relief" LOLOLOLOLOL WTF? are these people thinking?

Washington is a JOKE...they will do EVERYTHING to make this situation WORSE...the sooner Americans realize that the better!

Greece is Toast
http://www.investors.com/NewsAndAnalysis/Article.aspx?id=515788

60 Minutes Article & Video The Long Recession
http://www.cbsnews.com/stories/2009/12/18/60minutes/main5996883_page3.shtml?t...
http://www.cbsnews.com/video/watch/?id=6001703n

There Is No Way Out Of This Box....
http://market-ticker.denninger.net/

Category:

Education

Tags:

• truth
• economy
• jobs
• usa
• depression
• recession
• unemployment
• urban
• survival
• help
• me
• warning
• hope
• faith
• light
• at
• the
• end
• of
• tunnel

[smasila]

10 years? That's the good case scenario. It's going to take 30 years at least because that's how long we have been pumping cheap money and moving jobs overseas.

[zestymike48]

Unless people are very wealthy it is so obvious that every single one of us has had to cut down to the bare necessities in life. We no longer splurge and go for the luxury items. Because of that stores are ALREADY closing and that trend will continue! Even at the grocery store I have learned to pass by so many things that I used to purchase and I have a hunch, a feeling that most everyone else is doing the very same thing. GREAT VIDEO...it is coming...it was planned...it is REAL.

[Tonkadude1001]

I think that Great OPPRESSION is the term to use. Depression you can't do anything about it. But Oppression you can just throw out. Kick the tyranny out. We are not depressed but oppressed.

[MYTHIRDSHADOW]

you sound like a slave..."you actually need very little to survive'. Are you kidding me? Totally impotent response by you and your "suggestions" . Its because of people like you and your slave mentality that our country is going to crumble. You got one thing right... people don't like to hear the truth. BUT THATS WHAT THEY NEED!!!! GIVE IT TO THEM!!! What happens when our dollar looses its value and you can't buy food for your new baby!? PEOPLE DIE... THATS THE TRUTH. WHAT ARE YOU GOING TO DO?

[1blackmass]

George You Did This Clip A Year Ago And "Nothing" Have Changed But For The Worse!! Nice Job!!

[grizzzlyjoe]

George .... Let's distinguish this from the other... This is the GREATER Depression .... the seer numbers are so very much larger. The Social Safety Nets (Soc. Sec., Food Stamps, Medicaid) are the "Pain Killers", they've numbed us so we don't feel the hopelessness of the B&W Newsreels of the 1930's. But the country is teetering on economic collapse, and the Government may not be able to prop-up those safety nets forever ... sooner or later, the "Bread Lines" may come back.

[DarkFoot25]

I have to agree. We need new blood in government. People who have a sense of justice and can't be bought off. The only positive thing is that I'm closer to god and my family.

[josephlathus]

bro run for congress

[christian212men]

its the great tribulation!

[johnywinslow]

what we NEED is america to vote 3rd party and stop voting tradition! cut the fed gov and all its tenticals by 75% . Lower business taxes to 2% offer free land for world industry to come to america. no social security if your under 50 no more welfair at the gov. level. and most of all END THE FED! try them for trason and put them in prison for life! ...LOL but thats just me.

[myky999]

God bless you man. And you are right, people dont need much to live happy life. Sadly many people dont understand that and that is why we are in this mess. Its all about greed and dominance. So sad for humanity, we have such a potential as creatures and its all wasted because of short term greed.

[lipoicacid]

@orange70383 Those who pull the strings want it to get worse...and it will.