Trying to be optimistic, hoping against a double-dip recession.
But signs are not real good right now.
Ha! The Fed is lending money to the gub'ment and the Gub'ment is handing that money to the Banksters, and the taxpayers have to pay it back. The flow of money is like the water cyle but the Banksters built a dam up stream from you. They hoard all the water. Good for them, not so good for you. The fed came right out and said this will continue through 2013 at least.
Dislike certain aspects of the TEA party all you want, but they did stand up and prevent the Gub'ment from borrowing another 4 trilion to give the banks. The economy will improve immensely, right after the Federal Government finds the political will to nationalize the six largest banks.
Righteo. I just love this gift from Bernancke, rock bottom interest rates. Oddly enough, these low rates don't benefit me one whit. I do not qualify me to refinance my mortgage (but my bank seems to think I can/should continue paying at my existing rate for a house that's worth maybe 2/3 what we paid for it and the unemployment rate where I live is well over 10%. Yeah. THAT makes sense).
Nor do I see my credit card companies lowering their APRs in relation to the prime.
So if anyone has any doubts as to how Joe and Josephine Q. Public are faring in this economy.... well, it's pretty obvious.
There was actually talk today that the TBTF's are zombies,bank stocks aren't doing well either.We should have let them fail,after all that's how the free market works,isn't it?
I used to be optimistic, but it's hard to stay that way when things are getting worse literally every day.
I know it's hard but try to buy American made products,the more non-corporate the better and use mom and pop stores if you can.We have to get ourselves out of this because no one else will.
The terrible economy has forced many to re examine their spending habits and opinions about money...it's done some good .but I know there are many suffering and the big businesses don't seem to notice..
life IS unfair..
by Julie Grimes 7 years ago
With forum posts about the good and bad, mostly bad of Obama, Obama voters are constantly harassed by the question, "Are you sorry you voted for Obama." Honestly, no I am not. Look at our choices during the last presidential campaign. As I've stated before, giving what...
by jerryl 8 years ago
Millions of people do not understand that we have a debt monetary system.The actual creation of money (always) involves the extension of credit by private commercial banks.This means interest bearing loans, so all M1 money in existence is debt. There is never any money created to pay the...
by Gary Anderson 7 years ago
Yahoo censors their message board, letting mindless comments through and stopping comments that expose the banksters. I had a hard time getting through stating that the Tea Party should now realize that the banksters are extorting the politicians with threats about the demise of the 30 year...
by lady_love158 7 years ago
http://www.americanthinker.com/2011/03/ … class.htmlIt should be obvious to everyone now that the left is intent on destroying the middles class. Worse they do this while claiming their policies are to protect you! Well that kind of protection I don't need!
by Gary Anderson 7 years ago
I bet you didn't know, with the way the banksters treat you, that when you deposit to the bank, it is a LOAN to that bank.You need more respect, after all, they are the borrowers!!!
by donrock 9 years ago
Yesterday Oblama signed the stimulus package and by the time the stock market closed the Dow was down almost 300 points.. Today he spoke about the mortgage bailout. When he started the Dow was positive and now is down 30 points the last time I checked. I guess it's not convincing a lot of investors...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|