|
|
| *Ostroff, Fair and Company>>>Government & Non-Profit |
Jobs are lost. Housing tumbles. Now the government says that people have to spend to prevent depression? |
What kind of cruel sadistic joke is being played? I didn't realize jobs were down. Housing is down. That is bad. Banks sold peoples mortgages to people with money to invest all over the world. Some of the investors were actually taking the risk of purchasing bad debt. in fact that is what happened. So now you have disgruntled investors who are a little sketchy about reinvesting in our economy. And don't want to spend any money. That's what hurts jobs. But jobs are really not down right now. Source(s): http://rds.yahoo.com/_ylt=a0geu8kviongbm... Yeah, really. It's depressing. It also frustrates me that people would overextend themselves on purchasing properties that they cannot afford and now we all take a hit for that. I blame the banks for loaning these people money, but more the people for not getting it that they were so close to foreclosure. NEW WORLD ORDER, REPTILIANS, HOLY WAR, NEAR FUTURE HUMAN EXTINCTION, WORLD DIVISION- HAVE AND HAVE NOTS YOU TELL ME? We got to move them Color TVs. It aint workin' but that's the way we do it. It work bestest in Bizarro world. The concept of Globalization lost sight of the fact that each country or continent has distinct economic features and ignored them. This has resulted in an imbalanced growth, total lack of job security and unscrupulous employers indiscriminately hire and fire employees. I share your concern and all the affected should join under a single banner and fight out this social menace !! |
Finance Categories--Copyright/IP Policy--Contact Webmaster |