found this article this morning. Im pretty sure the real reason is because of the new president elect... i say everyone just go down and apply for everything you can get your hands on, why the hell not right? he will make it all better...

http://news.yahoo.com/s/ap/20081113/...ncial_meltdown

 

All we need is a good old fashion war. That's what happened with the Spanish American war and WW2. Someone needs to suddenly start acting hostile so we can fire up the war time factories. A lot of jobs would be created for a certain amount of time. It wouldn't take long at all for us to get out of this recession.

 

Walstreet speculators not having anything else to invest in started this whole crisis, by getting everyone to invest in oil futures. Creating the gas prices that started the whole domino effect.

The best way out of this is for the U.S. to become self suficient once more, and with our resources, we would become the dominat factor in the World once again.

 

yeah as of 1/21 im gonna go and apply for absolutely everything that comes to mind, knowing full well im not elligable for any of it (educated, white, male, republican) and when the places ask me why im even bothering, ill simply come up with some witty answer involving the term change...... "im just wanting a chunk of this change ive heard soooo much about" or somethin like that....

 

What? That's a big factor of getting us into this mess! What do you call Afghanistan and Iraq - kids fighting on the playground?

 

When you get your chunk of change,.. itll just be taken away and given to someone who didnt work for it but needs it more than you.

 

When W started a war, it was stupid, selfless, all about oil, absolutely pointless, etc.

If Obama starts a war, it'll be fine and dandy and a boon to the economy.

Dual standards and all, you know.

 

Deficit and jobless claims are Obama's fault? Can you explain that? Is the blame Clinton thing worn out, so you are starting the blame the guy who allegedly hasn't done anything of worth in the past six years?

 

Our economy has been propped up in many creative ways, from both parties.
the housing thing can be blamed on the Clinton Administration.
The oil problems can be in part blamed on the GOP.{Reagan, Bush, Bush.}, and also in part on the laws governing drilling can be blamed on both parties.
Denfence overspending , started with Reagan, but the Democrats went along with it to creat jobs. The defence spending is about all we have left in my comunity, with the exception of the timber biz. The lumber biz is on the downturn here because it is warmer and now Canandians are cutting trees that were once inacsesable due to the colder climates.
My wife's job as a contract analyst was moved to Dallas, with Lockheeds reorganization. Thigns are looking bad in the Delta. The corps of engineers cutbacks are also affecting rivier transportation. The town I live in is as far north as navigatable on the river system in my area. Times have been on the downturn here for 6 to 7 years. IP closed a craft paper mill here. These things are going to follow to the rest of the USA. Our manufacturing base is going where there are less established guidelines on the manufacturing industries.
Remember when Acid rain from the Northern States was effecting Canada. I wonder what the effects are going to be in the Pacific rim , where these jobs are going now. Without the controls we have established here in the states, the problems without regulation could effect the food supply from the Pacific.
Remember the lead paint scare from China, it's just one example of the future.

 

You should have called this thread the Obama Recession thread like the people you heard this crap from did.

 

I haven't blamed anything on Obama.
I do think some of the money people will do anything to hurt his administration though. We've been dealing with those situations ever since I can remember.

 

I didn't mean you

 

I agree with the last part of what you said but the real elephant in the room is that credit/money ran out, speculators over invested in the market with Derivatives and the debt cant be paid.

Everyone involved needs to start spending within their means stop buying junk, stop buying into the risky stock market with savings and stop the flow up trickle down foolishness.
All this happened before, it was regulated, then deregulated and now we are back in the same place we were before with monopolies and unregulated market.