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lquadland10 (< 20)

All is well in the rabit hole Alice fell down.

Recs

9

August 01, 2008 – Comments (4) | RELATED TICKERS: FSLR , AUY , GLD

For my fellow fools I have some sad news for you. I have heard several people in their 20's asking about a recession and should they be worried. They have no Idea what is ahead. But don't worry Bush says the economy is strong. Bush says economy has strong foundationReuters via Yahoo! News Thu, 31 Jul 2008 8:18 AM PDT
U.S. President George W. Bush said on Thursday that the latest economic data showed the foundations of the U.S. economy are strong.   Bush orders overhaul of US intelligence
AFP via Yahoo! News Thu, 31 Jul 2008 3:00 PM PDT
US President George W. Bush has given his national intelligence director greater powers to manage rival US spy agencies as part of an overhaul driven by past intelligence failures, White House documents released Thursday show.   President Bush & Prime Minister Puti......
Itar-Tass Wed, 30 Jul 2008 8:13 PM PDT
WASHINGTON, July 31 (Itar-Tass) - U.S. President George W. Bush and Russian Prime Minister Vladimir Putin will have a chance to have a word with each other during the Olympic Games in Beijing, Denis Wilder, and the National Security Council Senior Director for East Asian Affairs, told reporters on Wednesday.   U.S. said supplying Israel with new radar
UPI Thu, 31 Jul 2008 1:49 PM PDT
JERUSALEM, July 31 (UPI) -- The United States is reported to have agreed to link Israel up to two advanced missile detection systems against a potential attack by a nuclear-armed Iran.   U.S. stance on Iran's nuclear program counterproductive -......
Russian Information Agency Novosti Thu, 31 Jul 2008 6:43 AM PDT
TEHRAN, July 31 (RIA Novosti) - U.S. threats of new sanctions against Iran will only harm the constructive dialogue between the West and Tehran on its nuclear program, Iran's permanent representative to the IAEA said Thursday. US holds back from imposing strict nuclear deadline on Iran
AFP via Yahoo! News Thu, 31 Jul 2008 9:03 AM PDT
The United States held back Thursday from insisting on a strict deadline for Iran to give world powers a final answer to their incentives package to defuse a showdown over Tehran's nuclear program.   Until the Olympics are over is my guess. More than 100 nonaligned nations backed Iran's right to peaceful uses of nuclear power on Wednesday, an endorsement sought by Tehran in its standoff with the U.N. Security Council over its refusal to freeze uranium enrichment.   Schwarzenegger eliminates 22,000 jobs amid state's fiscal...... AP - Thu Jul 31, 5:23 PM ET

SACRAMENTO, Calif. - With California's cash dwindling and legislators still debating a new budget, Gov. Arnold Schwarzenegger eliminated thousands of part-time and temporary state jobs Thursday and ordered that 200,000 state workers receive the federal minimum wage.  

A Hidden Toll on Employment: Cut to Part TimeBy PETER S. GOODMAN Published: July 31, 2008

The number of Americans who have seen their full-time jobs chopped to part time because of weak business has swelled to more than 3.7 million — the largest figure since the government began tracking such data more than half a century ago. But Bush still says the ecomoney is still strong.

Bennigan’s is among the chains squeezed by high food costs and a shift in consumer spending habits. Its closing will cost hundreds of jobs.

By MICHAEL M. GRYNBAUM Published: July 30, 2008By PETER S. GOODMAN Published: August 1, 2008

The American economy expanded more slowly than expected from April to June, the government reported Thursday, while numbers for the last three months of 2007 were revised downward to show a contraction — the first official slide backward since the last recession in 2001.Banks borrowed a record amount of funds from the Federal Reserve in the latest week as the year old credit crisis took a persistent toll, while the commercial paper market continued to contract, signaling tough conditions for short term borrowers. Yep all is well because Cramer called the bottom again. I am buying silver rings now that is going up as well. Tip I got from a fellow fool,well not the rings just the stock. I just want some back up. If you have read all the articles then here is a bad joke for you. What does Zimbabwe and America have in common? The same kind of president and the same kind of money. Fool On.

4 Comments – Post Your Own

#1) On August 01, 2008 at 8:46 AM, Gemini846 (89.49) wrote:

Waste of space. Bush will be out in a few months and then all  you haters can start bashing the next president who had very little to do with your economic condition.

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#2) On August 01, 2008 at 12:20 PM, lquadland10 (< 20) wrote:

Gemini846 Well now strong words for someone who can't see the truth. Bush 2 wars that were never declared. He and congress disregarded the constitution. Took a surplus and gave it to his friends instead of paying for the 2 wars. Just like some people in history he now has homeland security and more of our rights taken away yet he and congress will not secure our boarders and ports. I wonder when and where the next attach will happen? Is that really a smart move? No.it is not. Now because congress and bush approved the housing bill China and Russia have the full government backing. That means your and my money that is going to Communists country's. Is that smart? No. Threatens a 3 war with Iran and we will end up in world war 3. If you don't think he will do that I feel sorry for you. I think that after the Olympics we will wake up one morning and it will have happened. Or maybe he will surround the country with a Navel blockade which by the way is an act of war. This is the same president who outed our spies and got attorney generals to prosecute Roms and Compeon. Which by the by both families are now bankrupt. One lost their home and the other one doesn't have medical insurance and their child might have kidney problems and the hospital will treat ileagle aliens but not them without a 1,000.00 down. Yep that is Bushes and Congress justice for you. Save the Banks and Brokridge Firms and Fan and Fed but not you and me. The country's total dept is now more than what the country is worth. 58 Trillion right now. Don't forget to add in 75 million every Hour for the intress on the money that is backed by thin air. Fan and Fred won't need more money if nothing changes. Well it did. Housing prices went down another 14% so Fran and Fred will be back with their hands out you watch and see. It Is not all bush it was Nixon Ford Carter Reagen bush Clinton and bush Jr.  years in the Making. Actually it all started back in 1913 when the Fed was formed Then the first Depression and now the second. We are back to the way it was during the first depression and now we are so much larger how much further do we have to fall and remember during that time in the 30's we were not fighting in 2 wars and had this kind of deficit. This is just the first of many things to come.

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#3) On August 01, 2008 at 5:38 PM, SilverSaber (61.19) wrote:

"We are back to the way it was during the first depression..."

 Epic Fail

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#4) On August 01, 2008 at 6:50 PM, lquadland10 (< 20) wrote:

Sadly yes we are and it is going to get worse because we are so much bigger. Young people don't even know what a recession is much less a Depression.

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