*Hours worked is WORST showing in DECADES if not since 1930! DO YOU SEE IMPROVEMENT?
Instead of REAL CHANGES, REAL DELEVRAGING, REAL REFORM...what do we get? THE DOG..same old tricks...influence what you can...THE STOCK MARKET........and line pockets of the in crowd.....and watch the lobbyists go......as the avg Joe suffers....in silence.
Duratek
AM NEWS
"There is, however, nothing Obama or Washington can do without Congress' action.
Proposals to better monitor the financial system and to police the products banks sell to consumers have been opposed by lobbyists, lawmakers and turf-protecting regulators. Mergers and sales of banks have consolidated lending power in even few hands. And those large firms still bet far more than the capital they have on hand."
Proposals to better monitor the financial system and to police the products banks sell to consumers have been opposed by lobbyists, lawmakers and turf-protecting regulators. Mergers and sales of banks have consolidated lending power in even few hands. And those large firms still bet far more than the capital they have on hand."
I'm going to KEEP repeating this no matter how many MAnute's come here and tell me how great everything is....show me some statistics that prove your point? And I will remind those that I do not NOT monitor posts here, I allow anyone to say what they want as long as not profane...and encourage others to enage each other and extend the discussion.
It is OBVIOUS to me, that the same old tricks are being applied to an even bigger f'up! FED LOWERS INT rates, FLOODS LIQUIDITY, White House tells us how great the economy is and not to worry.
WHY it won't work this time.
last TRICK OR TREAT they were able to goose Consumption and coerce (NOW THEY WANT REGULATIONS TO PROTECT???) Americans to extend themselves beyond any rational sense....and what we are going to get are more speaches decrying what happened.
A JOBLESS RECOVERY is no recovery at all. In China, are you telling me, their economy is on fire (Chinese GOV is producing things and giving them away to people who can't even use them for appearence sake)????? WHO are they selling to? themselves? DO we need even more factories built extending the overcapacity we already have? doesn't add up to me.
Here at home, there is NO evidence of Recovery
WORLD DEMAND RGE MONITOR
Duties call [Economist]
DESPITE the periodic sighting of green shoots elsewhere in the economy, the landscape of global trade remains resolutely bare. The World Bank said on June 22nd that world-trade volumes, reeling from a drastic collapse in global demand (see chart), will shrink by nearly 10% this year. That would be the sharpest fall since the Depression, and the first decline in trade since a small dip in 1982.
DESPITE the periodic sighting of green shoots elsewhere in the economy, the landscape of global trade remains resolutely bare. The World Bank said on June 22nd that world-trade volumes, reeling from a drastic collapse in global demand (see chart), will shrink by nearly 10% this year. That would be the sharpest fall since the Depression, and the first decline in trade since a small dip in 1982.
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