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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (52340)2/1/2006 10:20:24 PM
From: Joe Stocks  Read Replies (1) | Respond to of 110194
 
>>More Deception from the Bush White House<<

Bush and the Republican's job is to run the Country with the assistance of the Democrats. Or, that is the way the it is setup now until the next election. Does one really think things would be much different if the Democrats were in charge? Or, if we had John Kerry up there last night? I don't think so.

What this Country needs is good leadership. We don't have it now. The Democrats don't have it...the republicans don't have it. Chances are we won't ever see or have it until the country has a severe depression and the economy hits bottom. Only then will the public accept the harsh truths of reality. Only then can a good leader come forth. Only then will we be willing to be lead instead of looking for someone that will makes us feel good.

Deception from the Bush White House? Why, we wouldn't have it any other way. Currently the electorate would never elect someone that shares harsh truths and tough choices. Deception and half truths is what politicians must resort to get elected.

The State of the Union is disastrous - but you haven't seen nothing yet!



To: Broken_Clock who wrote (52340)2/5/2006 8:01:53 AM
From: Rarebird  Read Replies (2) | Respond to of 110194
 
>>The parts supplier, Delphi, is on the ropes and cutting thousands of jobs, wages, benefits, and PENSIONS.<<

More and more corporations, from automakers to airlines, walk away in stages from their pension obligations to those who worked for them. All these corporations had in the past made themselves into miniature welfare states. In effect, they had become miniature collectives. Now they are being swept aside by companies that have no such obligations, or very small ones, to the people who work for them. The costs born by these companies are much lower so they can sell at lower prices than the US corporate welfare state companies. They gain the market share while Ford and GM close plants and lay off workers.