Look at this picture, Orders for costly U.S. manufactured goods plunged in the month of August and new-home sales hit a all time 17-year low, while new claims for jobless shot up last week, according to government reports on Thursday that showed the economy swiftly deteriorating. Today a report the jobless benefits jumped 32,000 last week to a seasonally adjusted 493,000.
With hope the bailout plan will be passed, sent the stock market steadily moving up. Observe and detect how those big rich giants work. All knowing the small traders are afraid to risk their life savings due to the uncertainty of the market. This fact now leaving the rich vulgarize feeling somewhat safe, they confidently sit on the sidelines awaiting the stocks to bottom, than what will they do? They only await their sly rich buddies to inform them, that the economical problem will soon to be submissive. Some stay set confidently perched and set to take advantage, while remorseless few go running ahead like sludge pigs scrambling to the trough, devouring the first of the inexpensive-sweet corn.
While the American taxpayers once more are left with egg in their face? Left picking up the tab for the massive 700 billion dollars, after doing so once more leaving the greedy...to arise unsurprisingly unscathed.
Well, before I finished to post this article the bail out is agreed on, watch and wait the greedy rich will push the stocks up sell when given the cue, into the buying and even become richer.
I feel we have been sold out! Greedy______!!!!!!
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Comments: 22
Thanks for your comments, have a nice day!
Obama 08'
Thank you!
As far as Americans having egg on their face. Maybe you should consider how this whole thing started. Mortgage backed securities are failing left and right...un-sellable...but why. Maybe because so many Americans foolishly and greedily bought a home they couldn't afford, with a loan they could never afford. But they did it anyway. Then just a few short years later, these very same people who could not afford the home they bought let the home go back to the bank as a foreclosure. Now you can blame the banks and certainly they have some responsibility but don't forget all those Americans who took a loan they knew they couldn't afford. If the small guy hadn't been foolish the big guy would not have made the loan and the economy would not be suffering the way that it is today. This issue is not one sided. Personal responsibility or lack there of on the part of many Americans was a big factor in this mess.
As My Daddy use to say, "Pray hard for something, and you may get it, but be careful what it is you pray for....!" Chew on that one for a while!
Have lovely evening.
Thanks for your comment!
Happy to talk with you and I wish you the very best. I will visit you page.
This economic failure / huge drain is a big manipulation, aiming toward causing massive civil unrest, perhaps even the beginning of the end-timers' longed-for armageddon.
We have to hold steady, we ordinary folk. Simplicity, harmony, courageous compassion, helpfulness, speaking our Truth / walking our talk----------
Hold steady.
Those hypnotized by facts,figures, and end-times haranguing, will eventually wake up.
The rest of us must hold to the principles of Love.
I hope you are enjoying all your new friends! :-)
Of course,this never happens in the housing industry. Pfffft!!
They can make things happen during a buy,that you'd have to be a lawyer to understand your lawyer!!
The finance giants did this. Don't defend their greed.
CNN had announced on the news the deal was done, only a few technicalities to work out. They said they still have a few holding out, McCain most likely is one of them, only trying to avoid facing Obama in the debate tomorrow. If these politicians go against the majority of the people's will, than what does that say for our constitution.
Either way with or without this bailout, these greedy... has brought this country to a pitiful state. We have gas stations here in South Carolina running out of gas everywhere, what they now will cut the gas and bend us to their will?
You and your family have a lovely evening.
Thanks for your comment!
Take care and have a nice evening!
Thanks for commenting, take care.
There will be more mayhem, stealing, and killing than they could ever imagine, these rich and powerful must understand and must think wisely, for if not, their day of reckoning will surely come.
Your right depending on you status quo is how others view another, all should be respected and treated the same and fair.
Take care and I wish the best for you there!