Here are the comment of American for the so called recovery from Bernake - Who is lying?
Judy L. - Monday September 28, 2009 05:00PM EDT
No, its not! There are 3 million people homeless and here in Florida homes are selling at a bottom prices in some sections of the state. Also construction in some areas has come to a standstill. New shopping centers are unoccupied and projects half completed stand unfinished in weed growing lots. Sure they tell us it's better. Better for the thieves who put us here but not fMr. & Mrs. America. Whoever they are don't need to tell us what to think good or bad...we can make up our own minds. jkl
September 28, 2009 05:01PM EDT
This is a bear market rally. Bank credit is deflating. This is not your normal recession. Credit has been inflated for 50 years. It won't go away with a small crash. The stocks were inflated along with bank credit for decades. They will come back to historical valuations shortly. What we have now is akin to Nasdaq bubble at a greater scale! http://www.tradingstocks.net/html/near_bottom.html
Monday September 28, 2009 05:04PM EDT
Borrowed money does not bring prosperity. We are only seeing the effects of huge government spending. People are already in debt to the max. When the pay back time arrives this won't end well. Earnings are terrible. Companies beat reduced expectations only through cost cutting. When everybody cuts costs, we will all go down! http://www.tradingstocks.net/html/latest_opinion.html
Monday September 28, 2009 05:07PM EDT
WHy doesn't anyone care? Spend , spend. But we keep on reelecting them. We are just getting what we deserve.
Monday September 28, 2009 05:07PM EDT
The economic problems of the U.S. have been over 30 years in the making and will take a long tiome to unwind. It really took off with the huger Reagan deficit spending and 'outsourcing' of U.S. jobs. A service economy cannot sustain a country, despite what trickle down republicans tell you.
Monday September 28, 2009 05:07PM EDT
The recovery will not be V shaped; more like a WWWWWWW
Monday September 28, 2009 05:09PM EDT
IDONTAGREE ITS A RECOVERY!!!! Obamas and Backus say that there will be up to a 25000.00 fine if you dont buy insurance or 1 year in jail see at huffpostblog.com That ridicules!!!!!!
Tuesday, September 29, 2009
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