5
POPSAmericans are being sacrificed on the altar of big business First manufacturing, then IT. And, even in midst of the worst "recession" since the Depression, it continues on. Yet we, the still employed, don't care. We stock our homes with foreign made goods and spend our money with companies that are slaughtering our middle class. The irony is starting to show itself. Good luck to our children with the future. They are going to need it.
14
POPSIf you aren't sick now, you soon will be Unreal. But wait, Obama PROMISED his taxes would not effect anyone making under $250k a year. You mean he lied? No way. So, once GWB's tax cuts for the rich expire, the average family making $40,000 a year see an increase of over $1000 in federal taxes. Then, Cap & Trade will cost us around $4000 a year in higher utilities and costs (and I think that is way underestimated) Then, forced health care will run another $12k for a family. Then what? Wonder how we will pay to feed our kids? Oh, that's right, tax the "rich" and give the rest of us food stamps. Great plan. Really doubt it will workout for most of us.
6
POPSSold out for the cheapest dollar by our own government. This is the underlying reason recovery will be weak and short lived. We can't compete with China and all the new laws, regulations and taxes won't make your boss's any more competitive on price.
3
POPSMore facts, not profit inducing hype The article goes on to give concrete examples of the damage "free trade" has caused us. This "recession" is happening for two reasons: 1-the government's greed and acquiessence to banking industry because of tax revenues & campaign/lobby contributions. And, the gutting of our wealth producing industries. For god's sake, go through your pantries and pull out only the goods that state MADE, PRODUCED or MANUFACTURED in America. If the label says "distributed", call the company and ask WHERE it was processed. You will be shocked. Now realize that China is quietly amping up prices and re-valuing the yuan. All the "cost savings" from off shoring will soon be for naught. And, we no longer have the machinery, equipment or government regulation (lack of) to re-create the industry.
3
POPSKeep telling yourself that offshoring was good for us US Tool, machine builder and other industrial companies on the brink. We have been lied to about globalization and the realization that we offshored our prosperity for temporary profits will eventually become undeniable to all. Sadly, it will come too late. This mess is a government greed vs. America's backbone and the backbone lost. Wake up people before YOUR industry is destroyed like American manufacturing was.
3
POPSChina grows while the West continues it's descent Over the past ten years, under the radar and the "global economy" BS, they sent their suppliers jobs to China. Now, there customers are there. Which will work fine until the day the Chinese slam shut their borders-keeping our technology, investments and products. Wake up people. This mess is not "subprime mortgages". It is lack of family supporting JOBS. And I'm not talking about the whineass UAW workers jobs. Continue allowing the government to shove high tech and globalization down your throats. Harsh poverty is coming. This is going to make the "Great Depression" seem like a walk in the park.
6
POPSPelosi votes for change that benefits no one Unbelievable. The article goes on to state that these reforms also effectively send the new, young, Democrats to the back of the bus too. The old party needed the young blound to rock the vote, but don't seem to need them now. Come to Detroit, run by Democrats for over 40 years and see what happens when you continue re-elect crooks that lie in your face. Then steal every dime they can. Michigan, has now followed down the same path of Democrat run, high taxes, high ideals; low revenues and no results. Michigan welcomes the rest of America to our government created recession. Sorry we can't stick around and help the rest of you out of your mess, but we are packing up and moving head first into a depression. Scared yet?
Newest Clips
see Newest Clips
3
Latest Pops
Latest Comments
Most Pops
Tags
Print
Save
Turn on live update