Money Beat

Well they won't if we vote for McCain/Palin and another 8 years of what we have.
We did not have this with President Clinton. I know Republicans like to blame him but they have been in charge for 8 years with a REPUBLICAN CONGRESS FOR SIX YEARS so there is no excuse. We have a huge deficit and Pres. Clinton left them with a huge surplus. Wake up everyone!

The Pyramid schemes have collapsed but don`t worry newer versions will be right along.

The root cause of the American financial problems are debt. We allowed to many credit cards to be issued, too many houses were financed on questionable credit, and there was run away government spending.

Honestly, I give the USA less than ten years because of its financial condition.

Proves what I've said for years, "I've never met a really smart banker", and the current fiasco prove it. You would think that the only thing they have to sell is money, they'd get it right. But greed and stupidity always raises its ugley head.

As long as we and our country allow our corporations to displace American workers and send their jobs overseas to India (like Bank of America, Wachovia, Chase, Citi, IBM, etc) our economy will continue to digress. Our jobs are leaving this country and until we do something to stop it, the downward spiral is going to continue!

How many members of congress and the senate looked the other way after they received 'sweetheart' loans from the mortgage company? (And that includes BHO)

What has the do nothing liberal congress done to help? ...NOTHING! Pelosi, Reid, Clinton and the rest of the Dem-wit congress have actually made things worse! It won't get better until McCain and Palin are elected!

The greed in the banking industry is mind boggling and we can look forward to more of it if McCain is put in the White House. Repugs only think about the price of things today and whether they might have to pay some taxes. They do not look to the future to see what their policies will bring to the people.

Wake Up Sheeple! We need a complete new CON Gress - - - None of them care about "We The Middle Class" !

What we definitly need is a profound response to be the utmost holy and obedient to God through Jesus Christ. Once we do this, we can then utilize His Word, the Bible to solve our national debt. God's solution is found in the book of Deuteuronomy 15:1-11. The year of Jubilee! God speaks that after seven years if anyone owes any debt that it should be released. We need to get our government and other governments just to relax the National Debt. Just drop what everyone owes and start all over again. If we want God's blessing on this, we need to accept His Son Jesus as our own personal Savior. We also need to bring God's Salvation Power to Russia, Connunist Korea, and the Middle East. We are not going to get anywhere if a nuclear war should break out. I pray that all will come under repentance unto the knowledge of Jesus Christ. This is really the only way of which we can be truly saved and blessed. God bless America. God bless everyone!!!

What we definitly need is a profound response to be the utmost holy and obedient to God through Jesus Christ. Once we do this, we can then utilize His Word, the Bible to solve our national debt. God's solution is found in the book of Deuteuronomy 15:1-11. The year of Jubilee! God speaks that after seven years if anyone owes any debt that it should be released. We need to get our government and other governments just to relax the National Debt. Just drop what everyone owes and start all over again. If we want God's blessing on this, we need to accept His Son Jesus as our own personal Savior. We also need to bring God's Salvation Power to Russia, Connunist Korea, and the Middle East. We are not going to get anywhere if a nuclear war should break out. I pray that all will come under repentance unto the knowledge of Jesus Christ. This is really the only way of which we can be truly saved and blessed. God bless America. God bless everyone!!!

One thing I have not heard from any financial commentators is the huge bubble of Baby Boomers that may have started selling and downsizing. This is part of the excess inventory and will become larger as more and more Boomers move into retirement age.

This housing problem is not going away soon. Studies I have done show that if the usual one third to one half of retirees downsize, there will not be enough people to buy their higher prices house and if they do sell will consume the smaller size houses that younger buyers usually start with.

American credit card debt has been allowed to run out of control, lenders 2 years ago were making questionable loans, on questionable equity, where was the gov't intervention back then? We are now faced with the hardest task of putting it all back together when it isn't something that can be fixed overnight, or even in a few months. Let's get the election over with, get consumer confidence back, and then..PERHAPS, we will start to slowly turn things around. It took a long time to create the problem, it's gonna take a much longer time to fix it. Hunker down people, the headwind is growing stronger and won't stop until we have some kind of positive signs day after day and month after month in the markets and the press.

If our country would put jobs back in the united states, not overseas, and us Americans stop buying foreign made products, we could turn this whole ecomony around. We can not keep sending jobs over seas...work needs to stay right here in the US..and if it means all Americans boycott all foreign made products, and make our own products here in our own country, we will be giving jobs back to our own who will then spend their money in our country.....

the solution is simple drill and get the price of gas back to 250 a gallon and you will see all things get back online for prices and when the price of gas gets back to 250 all other prices drop and if they dont then we boycott that item i really hope john mccain becomes president to keep us safe and sarah to help save the people of america some money where she can and hope they both get drilling so when we need it we have it why should the people of other countries get oil off of florida coast and we dont get it for ourselves

the solution is simple drill and get the price of gas back to 250 a gallon and you will see all things get back online for prices and when the price of gas gets back to 250 all other prices drop and if they dont then we boycott that item i really hope john mccain becomes president to keep us safe and sarah to help save the people of america some money where she can and hope they both get drilling so when we need it we have it why should the people of other countries get oil off of florida coast and we dont get it for ourselves

The Republicans seem now to be
SCREWING THE RICH AND POOR ALIKE
Four more years of this ....
I don't think so...
The Straight Talk Express should
be called
STRAIGHT TO THE POOR HOUSE EXPRESS~~~

McBush and Friend .. JUST Vote when hell
Freezes Over....

We have reshaped companies so that they make money and not products and now that ploy has destroyed industry and business in this country. Financial people are allowed to buy successful business drive the stock up and rape the pensions and retirement plans; give big bonuses to a few and fold. We no longer have a market for industrial jobs and the rich can live in Greece or other pristine places and watch the U.S.A founder.

deborah--- well the oil companies have massive amounts of oil leases they should drill there first if they find no oil or when it is dry then we give them more. the greedy oil companies just want it all and i guarantee the price of oil will not go down.. my moms oldest brother was the vice president of super america oil company and i asked him he sai dthere is no way gas will ever go below $3 a gallon unless we stop useing it as long as we burn fossil fuel prices will stay high.

You're all a bunch of whiners!!! This recession is all mental!!!

The GOP won't rest until we're all laid off and kicked out of our houses. Free trade ain't the way to go John. We're free traded out here in America

Is Bush Still Claiming a Robust Economy ?

Ed, you are about as dumb as a box of rocks: "What has the do nothing liberal congress done to help? ...NOTHING! Pelosi, Reid, Clinton and the rest of the Dem-wit congress have actually made things worse! It won't get better until McCain and Palin are elected!"

Right, vote the party in AGAIN that gave tax breaks to the rich and allowed all the ENRON-type fiascos because there was a liberal congress that is in bed with the Republicans instead of truly acting as an opposition party. How can you even begin to blame anybody but Bushco and his corporate welfare state? Your tax money went to Halliburton et al, and now you want to blame Dems? Dumb as a box of #^$#@# rocks.

WE, not the government, got ourselves into this mess, and it's sad to see people from both sides of the aisle blaming it on our politicians. WE stretch ourselves too thin financially. WE buy more than we can afford. WE load ourselves with debt. Not because the big bad government lets us, but because most people aren't as sharp as they think they are. It has long been the assumption that houses are "investments", and that the investment will always pay off. That cannot be promised of ANY asset. What happened to buying a house just to live in it? At the rate home prices increased over the last decade, it's no wonder this is happening and no, I don't think it'll end soon, but it kinda serves us right. The banks and realtors and yes, even the government played small parts in manipulating that perception of the invincible investment over time, but WE fell for it. That said, if our government weren't driving us so far into debt as a nation that IN ONE YEAR WE ACCUMULATE ENOUGH INTEREST...YES INTEREST... TO BUY A HOUSE FOR EVERY AMERICAN FAMILY (largely to finance a war for a nation with billions in surplus), they might be in a better position to help struggling families and find a way to re-build industry, ANY industry, in the land of the free and the home of the greedy.

Drill, drill baby drill our way out of this mess? Some people have nearly zero ability to actually think