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JICWylliefollowshare
2-10-2008 1:46 PM309 views
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2-10-2008 2:29 PM
abailart
Consider that the 'R" word was laughed at only a few weeks ago and has now become mainstream, that the governments are every day warning of 'a tough year': they know that no amount of fiddling with interest rates and tax cuts can stave off the depth to which recession may fall.
2-10-2008 3:04 PM
mooner-one
These band-aids, rate cuts, tax cuts, rebates, price freezes etc etc etc, have been around for a long time. They don't last long, and they have never returned things back to normal. In other words, consumer goods prices will remain high, interest rates will soon skyrocket, the jobs market will suffer and Americans will be stuck in this jelly our government created. They can't help. Period. Free markets must remain free, cheap credit must become more expensive in order for "things" to have more value, and the FED has got to stop printing more and more money in order to stop the coming inflation ( devaluation, actually) and Americans must stop burning our tax money for the interest we pay on p...
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