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I understand that Wall Street bought their politicians. The point being that the politicians ALLOWED themselves to BE BOUGHT and put their lust for power above doing the right thing for our country. The politicians had a choice and they screwed this country in order to stay in power. My...

I support the outrage IF only they would get their heads out of their butts and realize it is the POLITICIANS that have destroyed this economy. Blaming Wall Street is like blaming a dog for eating the bowl of food you placed in front of it. Political policy got us where we are today. I had to...

The democrats will use these people as "useful idiots" to retain power just as the republicans used the "useful idiots" of the Tea party.

Just take a look at debt growth in the past ten years. We BORROWED THAT "Growth". Don't take this as gospel but I recall mortgage debt grew from 3tr in 2000 to 9tr at the end of 2009. Denniger over at the market ticker has posted quite a few charts showing this growth in overall debt. I seem to...

I would tell them the truth instead of filling them with partisan political bullshit. leverage. Our economy took on too much debt. If they were a bit older I would make them do a simple math problem. Growth in GDP 4%(+/-) and the growth in debt 7% (+/-) since the early 1980's...

The suicides at the Foxxcon facility were just mentioned as an amusing anecdote. The real issue is that ALL of Apples manufacturing is done in China so to point to their success is meaningless in a discussion about the job situation in the United States. Oh, another thing I hate about Apple...

Who said anything about mercy? I was explaining that the evidence suggests that the average American is drowning in debt. Just look at the growth in mortgage debt in the past ten years (from 2tr to 9tr). At the same time the median income has declined. It is difficult to start a business as...

Fine- Apple has a few openings in California.The fact remains the majority of their workforce is in China. Oh, read up one one of their main manufacturing sub-contractors "Foxx-con" - they had to put up suicide nets at the company facility as an employee benefit.....LOL. What is the...

How does the market equate to jobs? Oh, AAPL is producing tons of jobs........in China. If you recall, the thread is about the fear of rioting due to the lack of employment.

The days of jet ski's and Red Lobster may be over BUT the debt remains.

The problem is that you are talking about an economy years ago. The "recession" is deeper than any we have seen since the 30's. This is NOT the same situation your four friends faced when they started their business. Lets look at TODAY. The residential construction industry has all but...

There is no doubt you can start on a shoestring HOWEVER my point was not the capital investment involved with a startup but the fact that a large percentage of our population are so deep in debt that they can not take the financial risk of uncertainty involved with a start up. Mortgage...

I didn't realize we were just talking about "where you live", I thought this was a more general discussion relating to the overall economy. It seems to me that IF we were talking about the economy nationwide instead of "where you live" it would be safe to say the majority of people DO hold...

I agree. To further enslave them they have taken on unsustainable levels of debt to finance lifestyle.

I believe Bloomberg is worried about the wrong people. He says College kids are going to riot? Think about this; A LOT of manufacturing jobs have been lost in the past three/four years. In my state of Tennessee we lost over 65,000 manufacturing jobs. Many of the people working these jobs were...

So, "just start a business" when you lose your factory job? The fact that 90% of the people are living paycheck to paycheck in order to service the debt they have accumulated by buying (fill in the blank) that they didn't "need" but made their crappy existence in the factory seem like life was...

Just thinking today, seeing as our debt is now 14.6 tr and GDP is supposedly 15tr and 1.7 trillion of that GDP is money government is borrowing, should the Government GDP component be excluded from the real GDP number if we are looking at debt/GDP? The government claims debt to GDP is "only" 97%...

Real Estate- The median home value should be 2 1/2 times the median household income. Any level above that and it is overvalued. It is that simple and can be applied on a regional basis.

Cats; "Flea taxi" & Chairman Meow. Twin brother grey tabby cats. Dogs; Buddy, PeeDee, Moe, Curly & Larry. (All related & Buddy is the father & used to have the mother) Buddy is a Cur dog/beagle mix and Angel was a pure American eskimo (large size). I also have a girl named Lucy who is a...

Longest shot WAS the one made by Furlong until this one was made by a British soldier. http://www.timesonline.co.uk/tol/news/world/afghanistan/article7113916.ece The longest range recorded for a sniper kill currently stands at 2,475 m (2,707 yd) and was achieved by CoH Craig Harrison, a...