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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (35998)	10/1/2008 12:51:41 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 149317

this ISM reading will put the fear of god into a lot of people but I fear its too late. The thing is that people don't realize that a deep recession will put the US further in debt than just this bailout and thats IF we lost all the bailout money (which I don't think we will). USUALLY when you go into recession you are coming off a boom period where you have built up reserves. I know for a fact businesses can't buy inventory and the next shoe to drop is the payrolls. These are the small companies in the bay area. These guys that I know can borrow money short term from the venture capital community but most cannot.