WHY IS THIS RECESSION SO SERIOUS?

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By Dr. Laurie Roth
January 9, 2009
NewsWithViews.com

The only way to save the U.S. now is to suck it up, remind ourselves who we are and what we stand for, and realize that this very serious economic downfall will most likely be in our face and pocket books for several years, bail outs or not!

Why is this recession so serious? What is different with this one and the last several?

Over the last several decades of recessions and down turns we at least had a manufacturing base, growing productivity, and borrowing would occur against productivity that was building, not disappearing. Most of our industries weren’t employing thousands of people in South America, Mexico, India or China, or even worse, taking their headquarters there. Now they are.

Paul Roberts, former Assistant Secretary of the Treasury in the Reagan administration talks about how it doesn’t work anymore to stimulate consumer demand by lowering interest rates. People still won’t buy because this time around their debt is too high, homes are gone or going away and jobs are shaky.

For the rest of the story go here:
http://www.newswithviews.com/Roth/laurie147.htm

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this is NOT a recession,nor a downturn

This is only the beginning of a very hard depression.
Please be prepaired,and ready your loved ones.

The truth

This site does what it can to figure out the truth.

This recession and all financial movements are attributed to the central banks.

These banks are owned by a small group of white men who have an agenda.

The same small group of white men own ALL the media that reports these so called recessions.

The recession you are so concerned about is scripted. There is a goal behind the recession and we will know as soon as it happens.

They control
The currency
The financial systems
The politicians and the media

You want a boom? Got it.
You want a disaster? Got it.
You want a war? Got it.

Now shut off your TV and stop reading this media crap.

All of the markets are controlled. Figure out how and why and tell everyone you know. Then maybe we can get them back.

Unify

One could argue that...

it's the fault of the unions and the fact that we have become fat lazy americans who expect to get rich doing nothing.

No business can thrive if they have to pay ridiculous benefits and higher than deserved wages. It's either go overseas or close the doors for them.

If the government and the people didn't make it too hard to do business here, perhaps we wouldn't be losing so many jobs.

Is it freedom to force companies to keep their business here? Don't you believe in free market and capitalism? Ron Paul does.

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You can't spell Revolution without evolution!

'Cause there's a monster on the loose

Greedy American companies not caring about American workers

They jumped all over outsourcing, threw American workers to the curb in favor of cheap labor overseas. Closed factories here, and maybe even tore them down without a care in the world. They pocketed huge sums of money from the cheap labor and sometimes inhumane work conditions. Obama's doublespeak is sickening too, he says he'll create or save 3 million jobs. My guess is he'll do the latter, that's easier for his pea-brain to deal with.

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MSM Report: http://www.msmreport.com/

The 3 million

jobs he will create will be in other countries, due to outsourcing.

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