Has anyone factored in how corporate short-sighted greed hurts the economy? From sending jobs overseas that should be done here, to locking out the writers because they want a fair share of the profits from their labors, corporate heavy handed policy has hurt the economy. A little enlightened self-interest on the part of the multi-nationals would help a lot.

Personal and public debt are at an all time high. the Housing market and credit markets are tanking, unemployment is on the rise and several states are already in recession, outsourcing will continue to be a problem and this country has lost 3 million mfg jobs under the Bush administration, outsourcing continues unabatted, heavy borrrowing from China, Japan and even Mexico has swelled our debt service to overwhelm any government stimulus package when one also considers the social security/medicare obligation, Oil and energy cost are thru the roof, the dollar losing value contantly, endless war totalling over $500 billion and growing siphoning our wealth, infrastructure collapsing, the American consumer with no desire or confidence to buy in the face of a stock market in free fall and no confidence in an economy facing a recession and inflation up 6%. The last economic depression was caused by a natural disaster(dust bowl) and the effects of the excesses of the 1920's. The natural disaster of decreasing oil reserves and energy costs coupled with the excesses of the Bush administration may cause another. Others may add to this list, but optimism won't trump reality.

The American labels of democracy and capitalism are carefully woven veils that mask privilege. Privileged Americans control the American financial institutions, and the federal government. Are American banking, and Wall Street institutions conveying a message to American citizens through the market correction process? American banking attorneys, accountants, and economists enable these financial institutions to operate within the boundaries of the law at enormous cost to American citizens.

Historically, American capitalism has been a very ugly experiment for the foreign/domestic under class masked with labels of patriotism, entertainment, and escapism. Contemporary statistics indicate that America"s privileged class controls roughly 1 " 5 percent of the wealth of the nation. Is there really a middle class in America?

Hell no In 1992 I had a Job AND COULD MAKE ENDS MEET.

No stop the WAR machine and you and me will get the biggest tax cut in US histoy.

As the Dow goes into free fall, the GOP plan is working perfectly. They already know that a Dem will be in the White House. Saddling her/him with a broken economy, losing war and
a housing crisis worse than 1932, they'll simply sit out the next term. Then they'll blame the president for eveything, and come back in shiny new armor on a white horse to "rescue" us. GOP -- greedy, opportunistic
pricks.

The Bush "Stimulus Package" is on the way.

$250 "freebie" for every taxpayer.

It's a $100 billion, taxpayer-funded, bailout.

Swindle

And what is the Liberals "fix" RAISE TAXES and take more money from the working guy (your dreaming if you think only the rich will be taxed). Also start up another money pit government program that will add to the 50 TRILLION liability already out their because of Social Security and Medicare..

Yea that will will work take more money out of the working guy pocket and SPEND SPEND SPEND...

Another 1992?

It's the end of another failed Republican (Bush) presidency.

More like 1892 than 1992.

John Edwards for President!

The Great Depression that started after the stock crash in 1929 was the direct result of the reckless policies of Republicans, who were in charge from 1920. The complete lack of regulation and the free run given to Wall Street played a key role in the disaster. Fast forward to 1991. The economy was reeling after 12 years of Republican rule. Deregulation led to the junk bond scams which took down the S&L industry. This, and massive budget deficits led to recession. Now we find ourselves once again facing hard times after a long and painful Republican rule. Remember, even when Clinton was in office the Congress was Republican from 1994 on. When will the American people wake up and realize that Republican rule is what has caused these problems, so voting for another one will be disastrous? And keep in mind, 28 of the last 40 years have been Republican rule (plus Congress for most of Clinton) and Reagan giving amnesty to millions of illegals didn't help one bit! Go ahead, act crazy. Put another Republican in office. It's only our country!

Only Ron Paul cab fix this. Otherwise it in not 1992 Redux, it is 1972 Redux. Double digit stagflation ahead.

The rich are in for a soft landing. The working man will now understand why his family needs single-payer universal health care. The crisis is a debt crisis. Consumer spending runs the economy. Manufacturing is the backbone of our defense and of the working class. Real wages are declining for the rank-and-file worker while he has no savings and he cannot service his debt.

We need a New Deal for working class people. No cosmetic fix will do. The problem is deep and systemic change, organic and fundamental change is necessary. Hillary has Robert Rubin of Citicorp who helped bring us NAFTA instead of health care. Mr. Rubin is her adviser.

Obama is still knocking at the big front door so that he can sit at the table with the fat insurance casts that are raping you for 30% right off the top of the health care dollar so that underwriting can exclude you, not cover you.

Food prices and fuel prices are not factored into the cost-of-living index. We are having 30% inflation this year alone. How can you spend if you cannot even pay your bills. Your house is worth less than you owe.

I am declaring that the American Empire is over. The American dream is gone to the fat profits for oil companies and insurance companies while Hallibuton and Blackwater make all the money.

If you don't manufacture anything in America, how is the falling dollar helping exports. There is nothing to export but weapons systems. That's why Bush is in the Middle East, to sell weapons systems.

Yeah yeah yeah yeah....there's people with enough money rolling around in their pockets to where they can play the commodities market basically like a yo-yo, maybe if there were more privately-held companies that marketed their goods, such as fuel, at what they deemed INdependently(keyword) to be a fair price,
you know, some honest INdependent competition,
then there wouldn't be all this roller-coaster profiteering which is putting so many people right on the ragged edge of being driven into indebtedness and ultimately poverty. The USA is a pay-go kind of place, if you can't pay, you don't go. Harvesting the paychecks of the Many
through market manipulation has made some people fiendishly wealthy, and driven others to and dropped them off in front of the poorhouse,
which is also threatening to close from lack of funds. Economic darwinism, or foreign parties having some fun at america's expense? One key commodity, petroleum, keeps mysteriously trading higher and higher, and curiously, the same people, the 'defense' people and the 'oil' people, overlap more and more. This can also be expressed as, 'we OWN this country'. Which, for all intents and purposes, they do. Well, not entirely, not until they get enough trucks built and people hired to go start picking up swaths of po fo'k off the street, but they're working up to it, building prisons and so forth, all for the sake of a barrel of oil.

Maybe if the whole thing was a lot LESS buddy-buddy/greasyfingers, the prices would come down a bit...I read a good bumpersnicker someplace,
it said, 'if voting could really change anything, it'd be illegal'. How true is that
observation, what's REALLY going on, here?
And, more to the point, when can we look forward
to NOT being sold down the river as a nation
to some rich guy with more rubies on his hands
than you've got bill statements?

http://www.impeachbush.org

I like Ron Paul for November. I think he'd be a lot less inclined to tolerate this kind of garbage.

THE SUPPLY-SIDE SCAM

George Bush"s $3 trillion dollar tax giveaway to the rich over the past 7 years has been a disaster for average Americans. Supply-side (trickle-down) economics is a bogus theory promoted by those who benefit from it. In a mature capitalist system, supply side never rules, it"s always the demand side of the equation that governs growth and well-being. Think about the 1930s Depression, General Motors had plenty of supply, but demand evaporated.

Previous U.S. economic downturns have been cured with only $200-300 billion in tax cuts targeted to the middle class, because the consumer (the great middle class and 2/3rds of the economy) spends that tax cut and primes the economic pump. But George Bush has raised the debt that our children and grandchildren will have to pay from $6 trillion to over $9 trillion for current economic growth (i.e. we all get trickled on, as the rich spend some small fraction of their gains). Unfortunately, this growth is largely and uniquely without wage gains, and so has shrunk the middle class that makes America strong and great. Also, this growth has already over ($3 trillion flushed down the toilet and gone!), as the FED has had to cut interest rates because recession is looming. Massive debt has led to a weak dollar, which is now at record lows vs. other major currencies because of FED interest rate cuts. In turn, the record low dollar has produced record oil prices ($100/barrel); and any additional needed FED interest rate cuts could cause a free fall in the value of the dollar, guaranteeing recession or worse, stagflation.

The middle class is slowly being tapped out, as home values (most of their net worth and the credit card of last resort) are falling in price, and a considerable number of homeowners are heading for foreclosure. With the rich-poor divide increasing, we"re headed toward previous shining examples of trickle-down economics: South America of the recent past and feudalism in the Middle Ages. SUPPY-SIDE ECONOMICS IS NEW FEUDALISM AND SERFDOM!