How many believe the recovery will be poor at best?

[Bob Haller]

With the underlying problems, like manufacturing has left for other countries, the popultion way too far in debt, many will work till they die, retirement just a lost dream. the credit card companies by pushing easy credit made things far worse. personal responbsiblity failed.

how many believe like I do we havent hit bottom yet, commercial mortage has yet to crash, heck as soon as things began stabilizing oil went back up. manufacturing went overseas, chinese OWN our country, we ship our wealth or whats left of it to the oil producing countries

I believe we are screwed, no matter what........

a revolution is coming, when voters cant feed their families..... thats coming real soon.

[vurbano]

Never fear. Obama, Pelosi and Reid will spend their way out of this and send us the bill that our grandchildren will be paying.

[fallout2600]

Bob, I agree man, we haven't hit bottom. I think everyone is being suckered back into the stock market so the govt can take another 40% of everyone's 401k and savings (stimulus 2.0). When that happens, the DOW will crash to 6500 or so and the Revolution will be well under way at that point.

[msmith198025]

Bob, I agree man, we haven't hit bottom. I think everyone is being suckered back into the stock market so the govt can take another 40% of everyone's 401k and savings (stimulus 2.0). When that happens, the DOW will crash to 6500 or so and the Revolution will be well under way at that point.

I can agree with that.

And the more the gov tries to offset this, the worse it will get IMO.

[HDRoberts]

This will get worse. Why? The problems we are in now are the result of 28 years of failed economic policy, so it will take at least that long to recover. Deregulation, "supply-side" economics, and rampant debt that started under Reagan continued under both Bushes, and Clinton didn't have the power or the will to reverse it.

[fallout2600]

Gold up $11.00....smells of inflation....

[Bob Haller]

Gold up $11.00....smells of inflation....


lack of faith in dollars and stock market.......

gutting our countries manufacturing base, is the bottom line trouble.

we exported pollution, no safety rules etc to other countries.

NAFTA was the nails in the coffins

[vurbano]

This will get worse. Why? The problems we are in now are the result of 28 years of failed economic policy, so it will take at least that long to recover. Deregulation, "supply-side" economics, and rampant debt that started under Reagan continued under both Bushes, and Clinton didn't have the power or the will to reverse it.
wrong. the true cause of our financial problems are the insidious seeds of destruction planted By the great communist FDR which have blossomed into unsustainability destroying our financial well being.

[fallout2600]

lack of faith in dollars and stock market.......

gutting our countries manufacturing base, is the bottom line trouble.

we exported pollution, no safety rules etc to other countries.

NAFTA was the nails in the coffins

You know, I'm completely astounded at the American public's ignorance of monetary inflation. Prices of EVERYTHING have gone up every year due to monetary inflation since the creation of the Federal Reserve and really accelerated when we left the gold standard, yet we still ignore it and make up other excuses for the cause when it is simple. The printing of money and artificial interest rates set by the Federal Reserve have destroyed our purchasing power by over 96% and we still use political excuses for the reasons for the pain. And now, gold is breaking out and decoupling from the dollar and we blame NAFTA!!!!!!!!!!!!! :free-happy-smileys-:free-happy-smileys-:free-happy-smileys-:free-happy-smileys-

[Bob Haller]

well at least posters now agree, this downturn will be with us for many years..

not long ago posters thought it would be a short minor non issue

[Bob Haller]

as to inflation currently we are in minor deflation

[fallout2600]

well at least posters now agree, this downturn will be with us for many years..

not long ago posters thought it would be a short minor non issue


as to inflation currently we are in minor deflation

Where have you been? Acid trip? Come on Bob, most folks on the right said the bailouts were wrong. All folks on the right were against the stimulus. Both were money printing jobs in the excess of trillions combined. Both are the cause of the current deflation, which will be followed by inflation and potential hyperinflation if the economy grows too fast.

Now, I'm glad you seem to be the only guy on the left that gets it. Most the lefties think the DOW is kicking ass and taking names. So, being you get it, why the hell did you vote and support Obama??????????

[Bob Haller]

I was posting about a coming crash for over 2 years BEFORE it occured.

Posters called me chicken little. and said my home value is going up why worry. heck my step mom recommended everyone carry a big mortage for the federal income tax break.

entire family except me took her advice, and are losing homes:( really very sad

dont forget your beloved bush started the stimulus, there was no choice. other than a major depression. the trouble is the us economy has been shipped overseas, and everyone wanted to make a quick buck.

its all come home to roost, and we are screwed

[froggigger]

Where have you been? Acid trip? Come on Bob, most folks on the right said the bailouts were wrong. All folks on the right were against the stimulus. Both were money printing jobs in the excess of trillions combined. Both are the cause of the current deflation, which will be followed by inflation and potential hyperinflation if the economy grows too fast.

Now, I'm glad you seem to be the only guy on the left that gets it. Most the lefties think the DOW is kicking ass and taking names. So, being you get it, why the hell did you vote and support Obama??????????

We'd be in recovery mode by now if the politicians hadn't tried to "fix" the economy. It's like one fighter knocking out his opponent, the ring doctor examining the fallen foe, then declaring that he'll be fine if he is beaten some more. He is then beaten relentlessly and has a violent seizure, and the people in attendance yell "It's working! He's moving!"

[fallout2600]

We'd be in recovery mode by now if the politicians hadn't tried to "fix" the economy. It's like one fighter knocking out his opponent, the ring doctor examining the fallen foe, then declaring that he'll be fine if he is beaten some more. He is then beaten relentlessly and has a violent seizure, and the people in attendance yell "It's working! He's moving!"

I agree and hopefully it doesn't become the "Greatest Depression" as a result of the counterfeiting and interventionism...

[fallout2600]

I was posting about a coming crash for over 2 years BEFORE it occured.

Posters called me chicken little. and said my home value is going up why worry. heck my step mom recommended everyone carry a big mortage for the federal income tax break.

entire family except me took her advice, and are losing homes:( really very sad

dont forget your beloved bush started the stimulus, there was no choice. other than a major depression. the trouble is the us economy has been shipped overseas, and everyone wanted to make a quick buck.

its all come home to roost, and we are screwed

Bob, I don't think the politicians have the balls to stand up to the banksters that caused this mess...see how fast they bought off Obama? Took less than a year, was probably bought off before the election to be a poster boy for the Federal Reserve and Goldman Sachs.

[vurbano]

What recovery? You mean the sales number shift Obama created with cash for clunkers? Or the home mortgage incentives? When all that crap ends we are in even bigger trouble.