The same groups and agencies which could not see the market top in stocks and housing, cannot now see the ongoing pervasive banking and economic problems which are sure to deliver continued deadly powerful blows to the system.
Do not be eluded! Seven straight months of job loss, soaring gasoline prices, increasing food prices, and the average Americans income declining by $1000 annually will only insure the decline of domestic purchasing power. The illusion is in the exports, which are simply a result of the declining dollar.
I don't know about you, but as an American working man, I'm not concerned with the GEO Economic landscape. I pay taxes to insure the infrastructure, stability and security of my country. The unpopular answer to the American Economy is simple...
First, reimplemented the uptick rule. Wall Street Raiders and Hedge Fund Mathematicians need to be monitored. These characters have the financial and technological resources to unfairly and unethically manipulate the very foundation of our investments. They are parasites with unlimited resources.
Second,Remove our military forces from Iraq and focus on the real issue, Afghanistan. Let the Russians deal with their neighbor. We can't afford to stay at the table any longer. We are playing with scared money.
Aggressively enforce NAFTA. We are now effectively allowing the participants of this ridiculous agreement to bleed our country of jobs.
Finally and most important, Drill, Drill, Drill....invest in bio fuels, alternative fuels, wind, tide and solar energy. NOW!
What difference will our trade agreements make if we can not produce or purchase. What significance will the Global Economy have, if this once Great Nation is bankrupt and our currency is not accepted.
The same people that are calling this week the bottom, are the same geniuses that missed forecasting the fall of Bear Sterns and 266 lending institution filing bankruptcy since late 2006.
Kirk Moore
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