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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (70561)	1/27/2011 6:00:39 AM
From: see clearly now	Read Replies (2) \| Respond to of 218672

the US Plutocracy is Broke! IMO Canada is a different place culturally as noted by the many International surveys that rank it (and its main Cities) very high for business; civil government(s), equity of society, quality of life, etc...it is well positioned to adapt to necessary change as is implied. The US is handicapped by its overextended, military commitments (and expenditures) to maintain a now obsolete Empire as well as the control by Major Corporations of its decision making process..subsidizing obsolete industries at the expense of the 'New' and in the case of the financial industries subsidisation of what has been best described as a giant 'Gambling Casino' that adds little value to society as a whole? As the leader of the US House of Representatives said yesterday "We're Broke"

To: Cogito Ergo Sum who wrote (70561)	1/27/2011 4:03:46 PM
From: Ilaine	Read Replies (2) \| Respond to of 218672

Hi, I am fine and well, just taking a break from posting. I stay busy. Bankruptcies seem to be slowing down, a little bit, which is good for the economy as a whole. Both sons have real jobs, which is good for our own personal economy. But I know for a fact that Bank of America has a moratorium on foreclosures, and suspect that the other big lenders do, as well, due to problems in their internal records. Once they get over that -- assuming they do, which I do -- the foreclosures will start again, and housing prices will get hit again. I agree with those who are predicting a double dip in the recession. Probably not for all. The division between the haves and have-nots will continue to widen. Fortunately, older son is now a bankruptcy lawyer, just like his Mom. Had his first day in court yesterday. I am so proud. :)