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Politics : President Barack Obama
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To: RetiredNow who wrote (124388)10/19/2012 2:02:26 PM
From: tejek  Read Replies (1) of 149317
 
OK, Ted. So here we are with earnings releases and future forecasts and so far the following companies have reported significant earnings slow downs or stated the immediate future is grim. Some are even announcing layoffs:
* Microsoft, Intel, Google, GE, Apple, Lenovo, McDonald's, AMD, Catepillar

All of these cos have had record profits during the last two years. Did you think this would go unending into the future?

And let me add......MSFT's profits may be down but its hiring here.
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