CNBC just said that these are NEARTERM cuts, signaling that more cuts may be made in the future.

The Russian market has closed a number of times today.

Welcoming all my fine brothers and sisters to the club. The water is fine. I haven't worked in nearly a month now myself (not by choice). I have a "STRONG" feeling Holiday sales will finally wake the people up! One can hope. It's going to be a very cold winter and a very sparse Christmas.

This country is about to eat a nice helping of humble pie, and unfortunately it looks like the world is going to join us. I remember a time when my Father was out of work for nearly 9 months. I'm not quite sure how we made it, but ironically I remember those days fondly because our family had never been closer.

My inspiration is just wake up everymorning and remember - You will never be burdened with more than you can handle and you will always have that which you require.

Consolidate resources, dig deep and have faith - this too shall pass.

And please before you consider the short term gain of selling a firearm so that you can "Make it" just a little further down the road. Consider what it might be like in the future if this trend continues (and it will) to be without a source of personal protection for yourself and those under your charge.

Remember protecting what is yours does not mean employing that weapon. Often times having it will be quite sufficient. Maintaining Opportunity and Capability does not have to transfer into intent. Deterence.

Hang in their folks - were in for a bumpy ride. Let us focus on the good that comes from it and try to limit the bad that tries to cloud our hope.

This is awful! I was warned Friday by a middle manager in my group to account for every single minute at my job. The look in his eye was no joke and this man is a straight talker. I have avoided 9 layoffs since 2001. I'm hoping to avoid number 10, 11, 12 etc.... The company I work for had profit in the 3rd quarter. It added quite a bit to it's coffers. No I don't work for big oil. I work in high tech. My fingers and toes are crossed. I am hoping America comes out of this crisis smarter and stronger then ever.

God bless and good luck!

Everything will come tumbling down between March and April ... the IMF, World Bank, G-20 just announced how bad the global situation is. Check out the Houston Chronicle business section. www.chron.com

Ron Paul tried to warn us.

I love that capitalism we have now. so the profits goes to the big fishes and their lost we are all paying them for like in socialism. this is really woderful.

I would really love to make it in my company. I will take the win when I have it or I will ask my workers to pay me when I loose. lovely idea.

that vampires will suck out all of us.

Spot on again Karl. Flag and star.

First they didn't want to mention recession or crisis, now I wonder how long it's gonna take till they will speak about depression, because we are at the brink of a global depression.