START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x
Jan 17, 2008

From Pam's Coffee Conversation: A Song For Our TImes:



Dow sinks 300, economic woes maim stocks

" Stocks skidded lower Thursday after a regional Federal Reserve report showed a sharp decline in manufacturing activity and as investors grew concerned that downgrades of key bond insurers could trigger further trouble with souring debt."
Friends,

It certainly didn't take a Federal Reserve report for most Americans to know that America doesn't manufacture anything anymore, Just ask any parent who is trying to find a toy for their child that wasn't made in China.

The problems in the US economy ( in specific) and the global market ( in general ) did not happen over night and will not be resolved quickly. No stimulus package is going to immediately turn around a run-way train that has jumped the tracks and has been moving full speed in the wrong direction for years.

If any elected official, campaign candidate, or other politician promises to turn around the American economy in a year and promises to do so painlessly, they are simply lying.

Read the rest of this post

Visibility: Everyone
Tags: , , , , , , ,
Posted: Jan 17, 2008 5:16pm

 

 
 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.

Author

Pamela Kemp
, 1
Kearney, NE, USA
Shares by Type:
All (1188) | Blog (1181) | Alert (2) | Poll (3) | Message (2)

Showing shares tagged with: stock-market [show all]
SHARES FROM PAMELA'S NETWORK
Feb
1
(0 comments  |  discussions )
Message to the President, and to the Congress:It\\\'s very simple. We can aim for a UNIVERSAL Standard of $15 an hour Minimum Wage for ALL - that would be {frugally} a living wage these days. One should not have to be employed, and on government assista...
Jan
28
(2 comments  |  discussions )
\\r\\n   & nbsp;   &n bsp;  Leonard Peltier ( LPDOC ) :\\r\\n        & nbsp;    Remembering Pete Seeger\\r\\n\\r\\n & nbsp;   &n bsp;   &nb sp;&nb...
Jan
26
(0 comments  |  discussions )
\\nThis is my Message that I send every week or so, to the President, my Representative, and my two Senators. {And in this instance, to the Vice President also.} \\r\\nThe Majority of the people of this country, approve that the President {and Vice Presi...
Jan
21
(0 comments  |  discussions )
\\r\\n   & nbsp;  Dr. Martin Luther King Jr. - Honored & Remembered\\r\\n\\r\\n&nb sp;    i\\\'m sharing this link to quotes and images of MLK\\r\\n  &nbs p;   to inspire \\r\\n\\r\\n  & nbsp; &n...
Jan
18
(0 comments  |  discussions )
I feel Care2 members should KNOW about the \\\"work from home\\\" ads, RECRUITING \\\"MULES\\\" TO CARRY OUT ILLEGAL ACTIVITIES. Just like the Drug Cartels do... A person who was recruited unwittingly by one of these ads, was given in a seattleweekly.com arti...
(0 comments  |  discussions )
\\nEvery week or every other week, I send a Message to the President and to my Representative and Senators. This is the text of my latest:\\r\\nI have just sent the following message to President Obama; and I believe all Congresspersons need to hear it a...
Jan
7
(0 comments  |  discussions )
Jan
5
(0 comments  |  discussions )
\\nThis is a more-or-less weekly message I send to the President and to my Legislators. The following is the version of it I sent to Governor Inslee.\\r\\nThis is to notify you of a message I have just sent to the President and members of Congress. Since...
(0 comments  |  discussions )
\\nThis is a very simple video report One man with a radiation detectorhttp://www.youtub e.com/watch?v=LcQLxT49ZP0 7 mins...\\r\\n[This link was sent to me by a friend...]\\n
Jan
3
(0 comments  |  0 discussions )
\\n\\r\\n\\r\\n\\r\\nJess e Willms, the Dark Lord of the Internet - Taylor Clark - The Atlantic Society & Culture  (tags: Spam, spammers, scammers, cons, fraud, creditcardfraud, care2spam, darkweb, deepweb, tor, silkroad, RBN, FCC, buyerbeware, work...