easy reading

[farmaholic]

Denial denial denial. Kind of Nero-like.

[gregpet]

I guess it depends how you measure poverty?

[URL="http://www.nationalreview.com/corner/286046/how-obamas-other-half-lives-robert-rector"]Obama's skew?[/URL]

[fjlip]

Some of those numbers are the result of adjusting the thresholds. Most are shocking and a shame. Somebody is screwing up big time.
The quote "The six heirs of Wal-Mart founder Sam Walton have a net worth that is roughly equal to the bottom 30 percent of all Americans combined." is the "GAP" between classes.
Who is all that debt owed to is the biggest question? Or is it just more BS accounting? Countries borrow from each other?

[wilagro]

Maybe someone should examine eight years of war with Iraq and all done on AMERICAN CREDIT...plus the Afghanistan mis-adventure. Any nation that goes to war without using war-time measures to manage the economy is asking for trouble. Carrying on as usual domestically while at war is completely ridiculous...no wonder the Americans have been brought to their knees.

Another mistake IMHO was including Mexico in the NAFTA...all that did was shuffle a raft of the manufacturing business elsewhere and the jobs that Americans needed.

If Harper and Co. keep signing Free Trade Agreements with every country that wants one, WE will end up in the same mess that the USA is in.

[Burbert]

I've heard it said that Comedian trade
experts are soooooooo dummm , that they
coouldn't pour p-ssouta their own boots.
In trade matters, amerkiee always,
always, wins!!! We've given away our
Gag industry, our oil, our forestry.
What next, americie is getting thirsty
fer a nice drink of clean, cool,
Comedian water and under NAFTY, they kin
come and get it anytime theys wants!
Maybe we'll pipeline it ta them......

[sumdumguy]

This housing crash is not over. I was talking to a
young dealer at Monte Carlo Casino. She told me
they just moved into a beautful new home more
than twice the size of their last one- the one that
they gave back to the bank. Wonder how they
qualified to buy a house in guard-gated
Tuscany? Now they bought it in her name. When
will the banks learn that they are about as likely
to make the payments on this one as they did on
the last one?

[FarmRanger]

The U.S. allowing mortgage interest to be a tax deductible expense was part of the beginning of the end. Fanny Mae, and Freddy Mac policies of lending to people who shouldn't have qualified for loans. Top it off with massive deficit spending and huge unfunded liabilities. Taken together, we are seeing the natural results.

Huge bureaucracies enforcing over-regulation, and an increasing anti-business sentiment are not going to help a recovery.

[FarmRanger]

Trade is good Wilagro. Restricting trade ultimately lowers everyone's standard of living.

How does killing business ever increase the wealth of anyone?

[mustardman]

So Farmranger you think the banks should be deregulated in Canada like the states? Your thinking this might help our economy?

[cottonpicken]

You need to keep perspective on things.


Free trade is good,but when the americans flood the
market with cheap subsidized corn(example),the
system is screwed.

Our banks have some skeletons and our system is not
immune.They are levered and exposed and it only
takes a few points to make them insolvent.