It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by SEEWHATUDO
We have some of the most intelligent members on ATS so I ask you all what can they do to fix this?
Will they do what it takes to save the middle class or is the ultimate goal a 2 class system?
And if it can't be fixed what does our future hold?
And how do we prepare for it?
What do you all feel is the realistic time line?
Is it as bad as it seems?
Will our service industries be destroyed?
and finally do we all need to move to Sweden?
This is the way the world ends
This is the way the world ends
This is the way the world ends
Not with a bang but a whimper.
—T.S. Eliot, "The Hollow Men" (1925)
The price of toys, which now come mostly from China, fell 4.7 percent last year. It's fallen every year since 1997.
Originally posted by desert
We're not in this mess because individuals behaved immorally or don't fear the Lord. We're in this mess because corporations behaved immorally and didn't fear the American citizen.
Originally posted by desert
We're not in this mess because individuals behaved immorally or don't fear the Lord. We're in this mess because corporations behaved immorally and didn't fear the American citizen.
The love of money became more than the love for one's country and fellow citizen.
Originally posted by marg6043
Bernanke: Juice the economy 'quickly'
Fed chairman, urging lawmakers to boost consumer spending within 12 months, tags mortgage meltdown's cost at $100 billion or more.
Federal Reserve Chairman Ben Bernanke told Congress Thursday that legislators should enact a fiscal stimulus package in order to help beleaguered consumers as recession fears grow.
WASHINGTON - President Bush will say tax rebates are the best way to stimulate the economy, but will not detail how big they should be, the White House said Friday.
Democratic congressional leaders agree that one-time checks should be in the package, but are working on a broader measure that would also include aid targeted to the poor and unemployed. Bush planned to lay out his position publicly for the first time later Friday.
White House spokesman Tony Fratto said that Bush also will outline about how much the government should spend in order for the short-term growth package to be effective. This new White House bottom line likely would significantly shape the president's negotiations with Congress.
"It's hard sometimes for people to understand how large this economy is," Fratto said. "So he'll have something to say about how large a package."
NEW YORK (Reuters) - U.S. consumers' mood brightened in early January, but was still significantly less optimistic than a year earlier, a report showed on Friday.
The Reuters/University of Michigan Surveys of Consumers index of confidence rose to 80.5 from December's 75.5, topping economists' median forecast for a reading of 74.5.
Overall, the data were consistent with personal spending growth of 2 percent in 2008, starting with about a 1 percent growth rate in the first quarter and rising through the rest of the year, the survey reported.
Originally posted by cpdaman
www.marketoracle.co.uk...
it is worth the 3 minutes.