It's corporate america that started this little problem, believing housing was just like tradeable good, like pork belly's, and orange juice, and oil futures.  ANd they poured billions of dollars into construction of unneeded homes.

When the greatest ponzi scheme on earth went kapoot, we found out about all the money spent in construction, we found out how many of those homes were actually empty, and not selling, and then....it all blew up.  When it blew up every single bank lost money, and they tried to wring whatever money they could by pulling pressure on every last single business loan they ever put out.  That blew up too, because many corporations had borrows more than what their companies were actually worth.  The first hit on the loan repayment plan were the construction industry.  When that fell through, the job layoffs of the home building workers of america.  When those guys lost their job, they were unable to make payments on their own borrowing problems.  Homes, bills, tuition....that fell apart.

ANd when the construction workers lost their jobs, the local businesses suffered.  No one was paying the bills, buying food, I tell you lots of americans without heating in 2008 winter.  And 2009.  And 2010....basically the chain reaction of businesses firing, and laying off workers, was just one big huge domino effect, that many americans blame on Obama.  "Well if Obama hadn't passed the health care plan, millions of americans wouldn't have lost their jobs...."

I think that's a red herring since obviously the Universal Health Care Plan, had nothing to do with the Housing Market.  Seriously, get over yourself.  The republicans keep on stating get rid of the plan, and you'll have enough money to pay all of america's bills.  That's a fallacy.  Or a phallicy depending on whose getting rear ended in the deal.  I digress.

Ummm... in the end...the only people who are going to fix the job market...is corporate america. 

What does the president and Congress have anything to do with making jobs?  Seriously?  I mean...If I go to congress and ask for a job...their going to what?  Give me an unemployment form seeking a job?  Last time I checked the unemployment checks came from each individual state, and what not.  That and Obama doesn't work for the Employment department in my state.  Neither does congress.

So...why the hell are you blaming Obama?  "24 million jobs have been lost under Obama?"  What sort of shit are you pulling?  Seriously?  I mean...it's like your working for the Enquirer or one of thsoe tabloid magazines making up story's about bigfoot.  "Hmmmm Bigfoot is real.  Bigfood caused the economic Crisis.  We should blame bigfoot, because he has bigfeet, and he smells.  We shouldn't vote for bigfoot."

Seriously?  Let me get this straight.  My corporation, Fidelity, which owns Probuild, layed off 5,000 workers in three years?  Did Obama tell Probuild o lay off 5,000 workers?

Did Obama tell McDonalds to hire 5,000 workers?

Did Obama tell Bank of America to layoff 3,000 workers?

Did Obama tell Dell Computers to bring back 1,000 jobs from India back to the United States?

Huh.  I'm pretty sure all the answers were no.

So whose penny pinching again?  The president of the united states of america, who doesn't work for the employment department, and doesn't work at any major or minor corpoartion that hires/fires millions of americans each day?

Which smoke are you trying to blow up whose ass?

in other words u also agree that the current pattenting system in the USA is flawed, and instaid of making progress for humanity its holding back innovations. just so a fwew companys can keep making tons of money, BUT what we forget is, that we can stop it, just stop buying their stuff. and the company wont survive.

i think the sheep way of humankind is the biggest problem. were stil being kept dumb so to speak.

err why America (and the west in general) is in recession:

debt.

for years now banks and financial companies have been lending an increasing amount of money to ordinary folks- by increasing transactions the banks have been earning more and more money.

this has been good. this has lead to a significantly increased purchasing power for ordinary folks- coupled with cheap Chinese goods, the economy has been great for the last decade.

problem is the banks have been lending way too much and people haven't been able to pay it back. so the banks go bust. loans stop becoming available so purchasing power is reduced. the boom in china has also impacted on the markets as the price of fuel, food etc increases. this reduces disposable income.

that's why the west has been in recession.

Well Key your definitely a Democrat. Hook, line, and sinker you follow their policies, and you have their numbers (and know them)

dont forget, he tries to label you and dismiss your response without actually recognising it

It's called RINO. Clear and classic case. More to the left than McCain tho, since McCain did not vote for Obama

Flint.  Is this you?
[Removed: Personal Info.  Note: This is a tentative removal, and I'll reverse it at mod request]

May we follow you on twitter?

this is where ya gotta say regulations were a good thing, stop betting on derivatives, stop banks from using leverage, stop fractional banking. growth will be much slower but it will be a solid and sturdy number. otherwise we live in a vegas economy where people can gamble away billions of dollars every day, ya win some, ya loose some, but someone always looses

> Paininside wrote:

> in other words u also agree that the current pattenting system in the USA is flawed, and instaid of making progress for humanity its holding back innovations. just so a fwew companys can keep making tons of money, BUT what we forget is, that we can stop it, just stop buying their stuff. and the company wont survive.

i think the sheep way of humankind is the biggest problem. were stil being kept dumb so to speak.

Yay!  Awesome post~!

> xeno syndicated wrote:

> Flint.  Is this you?
[Removed: Personal Info.  Note: This is a tentative removal, and I'll reverse it at mod request]

May we follow you on twitter?

I protest this removal!!@@!@!@  Einstein is running for public office; he is no longer protected under whichever privacy policy which prevents me from posting any of his personal info.

Besides, I just wanted to know if in fact that was him?