Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (418778)	9/21/2008 6:30:53 PM
From: tejek	Read Replies (2) \| Respond to of 1574883

I know you all are not too bright or informed but FNM and FRE worked fine until Bush took over. The mortgage crisis didn't start with them......it started with Bush and they got caught up into it. Hey, idiot: You slimy SOB...don't you dare to talk me that way. You are by far the dumbest person on this thread and I will not take sh*t from some stupid cracker in Arkansas. FNM and FRE are the least of this country's problems. If you had half a brain, you would know that. Whatever problems they had prior to Bush were nothing compared to what they got into after Bush. The fact that you will not admit how badly Bush has fukked up this country shows your lack of character and your lack of loyalty to this country. You are no better than pond scum.

To: i-node who wrote (418778)	9/21/2008 6:38:13 PM
From: tejek	Respond to of 1574883

The economy is doing just fine, isn't inoys? Damn! You are as dumb as rocks. Ohio Jobless Rate Jumps To 7.4 Percent In August POSTED: 6:00 pm EDT September 19, 2008 Stung by job losses in manufacturing, Ohio's unemployment rate jumped to 7.4 percent in August, up from 7.2 percent the month before and the highest rate in 16 years, the state reported Friday. More people are out of work in businesses that make cars, refrigerators, furniture and other durable goods. Employment in the construction industry was also down. The figures released by the Ohio Department of Job and Family Services show that the number of unemployed workers in August was 445,000, up from 432,000 in July. The number of unemployed people has increased by 106,000 in the past 12 months. "The big thing driving the losses statewide has been manufacturing," said George Zeller, a Cleveland-based economic research analyst. "It would certainly help if we get a recovery in the auto industry." The August unemployment rate is up from the 5.7 percent rate a year earlier, topped the national rate of 6.1 percent, and matched the Ohio's 7.4 rate in October 1992. "It's not good news, but it is consistent with what we've seen earlier this year," said Cory Eckel, regional vice president for Adecco, a staffing agency. "We're hearing from our clients that the automotive industry is slowing everything down." Eckel said Adecco's customers are still looking to hire workers, but fewer of them. "All of the companies are still looking for top talent," he said. "One of the things an individual could do is upgrade their skills." Ohio has had a string of bad economic news. Gov. Ted Strickland has ordered $540 million in cuts and other budget adjustments because of revenue shortfalls he blames on the nation's sluggish economy. The adjustment comes on top of $733 million in reductions announced in January. The total amounts to $1.27 billion, or 2.4 percent, of Ohio's two-year, $52 billion budget. The state is also facing the possibility of losing 10,000 additional jobs at an air park in Wilmington and an auto plant in the Dayton area. DHL plans to hire United Parcel Service to replace ABX Air and ASTAR Air Cargo in transporting DHL packages. The proposal would mean much of the work normally handled at Wilmington Air Park would be transferred to a UPS facility in Louisville, Ky., at a cost of 8,000 jobs. And General Motors Corp. plans to close its SUV plant in the Dayton suburb of Moraine by 2010 or sooner because customers are shifting to smaller vehicles. The factory currently employs about 2,000 workers. Half of those jobs will be gone at the end of next week when the automaker eliminates the second production shift. Lawmakers Friday announced a $187,500 federal grant to develop an economic-recovery strategy for Moraine, and a $150,000 grant to hire a coordinator to develop a similar plan for Wilmington and the surrounding area. U.S. Rep. Mike Turner, R-Ohio, said both sites have assets with economic value that could attract future businesses. Copyright 2008 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. newsnet5.com