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lquadland10 (< 20)

Well if we had

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January 28, 2010 – Comments (5) | RELATED TICKERS: CVS

Let the banks fail we would have gotten out of this by now.The depression would have been over and done with. However now Congress is determined to Ruin this Country and make it worse.

1. They raised the debt ceiling again today.  http://www.usdebtclock.org/

2. They are on the verge of keeping Bernakee in who is the fox in the chicken house IMO. 

3.Cap and Tax to go on. 

4. Health Care

5. 20% unemployment

Now our Banking System is set up just like over the Pond. The country's over the Pond are in worst shape than ours. Just a matter of time before ours go again.  Personal Savings has reversed course and is now decreasing. 150 billion + in interest alone for the month of Jan. Spent so far this month is 276 + billion year to date. In real time is is 3 trillion + spent so far. Oh and my Insurance co. is raising my deductible an other 100 so in 2 years I have seen a 100% increase.  Two short years ago I was paying 200.00 a month. Now 400.00. Oh and I can only get my prescription medicine at CVS. Time to buy CVS and short maybe Rite Aid and Walgreen's? 

5 Comments – Post Your Own

#1) On January 28, 2010 at 4:09 PM, ChrisGraley (31.75) wrote:

That about sums it up.

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#2) On January 28, 2010 at 5:06 PM, rosemanjhk (35.42) wrote:

Do you really believe that we could cycle through a depression in a year???

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#3) On January 28, 2010 at 5:23 PM, lquadland10 (< 20) wrote:

Yes. OH and with unemployment at 20% news flash. WE ARE IN A DEPRESSION!!!!!!!!!!!!!!!!!!!!!!!

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#4) On January 28, 2010 at 5:27 PM, rosemanjhk (35.42) wrote:

It's 48% in Detroit - Michigan would be HAPPY to get to 20%!!

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#5) On January 28, 2010 at 6:15 PM, ChannelDunlap (< 20) wrote:

Where is everybody getting this 20% figure from again?  Never really caught that.  As I understand it it's some likely-manipulated figure to counter what folks believe to a be likely-manipulated figure from the gov't?  Am I understanding this correctly?

Also, sad if you consider this a depression.  Some areas I may agree with you, like Detroit, but overall, we're nowhere near.  Otherwise AT&T wouldn't have signed up millions of new customers last quarter.   Ford wouldn't have made millions of dollars last quarter.  Apple would not bothering to release a new, relively useless and expensive product. 

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