Mistake after mistake!
Time to recall the ideas of big manufactures were encouraged to move to china for profit's mass. That was from Bill Clinton administration. Then house is affordable to everyone was from George W. Bush administration. Now all Americans should have health coverage from Mr. Obama.
These ideas were not bad, but why they were failed to succeed as the last once could be repeated ?
The first failure because of we failed to form other stable sector from the once we removed. This empty space was used to fill with unstable dot and services. Clinton was very lucky he did not pay for that mistake, but W. Bush got it all.
Bush idea was not too bad if most Americans had stable jobs with strong long development growth. Unfortunately, he did not know what was going on around him.
Now, all Americans are placed in health reform bet. The idea is not bad, but the proposal structure is.
The first thing we need to do in health reform is to ask ourselves the basic questions: Is the cost we currently pay to receive treatment too much? Are we satisfy with the treatment for every dollar we pay? Are the cost and treatment in controllable with current and later budgets?
We all see the health cost is too expensive, and we all disappoint with the services.
Why? Monopoly, cheating, and robbing are happening everywhere in health sector, from corporations to executives, and physicians.
They are definitely out of control, and our current budget can not afford to allow Obama's health reform proposal structure by injecting more money into an uncontrollable dark hole.
In order to achieve the health reform idea successfully, we first need to organize this sector free of frauds, and organize them systematically. Since fraud is limited, then the cost and service are in equilibrium. Then we can mass out its volume to lower cost.
With current economy and budget, we can not afford to mass it out unless other sectors are also in special reform with new invention tools.
We all know he wants to have a best drive to accelerate the economy out from recession. Sorry, a bad design bike can not drive you up fast.
As weekend comes, I list here a simple mark to help us exercise our logic thinking,
Nang saigon

Cần XâY, SửA ChữA Shopping, Apts, Nhà, etc..

Cần xây, sửa chữa shopping, apartments, office buildings, nhà, warehouses, van van....
Hay qui vi cần, Muốn Kiếm Thêm Tiện
Nếu quí vị có biết ai cần, xin cho biết.
Kinh nghiệm trên 10 năm,
Trên toàn nước mỹ, và thế giới.

Want to look for more income.
1k-10k + per month.

Công việc nhẹ nhàng, giờ giấc thoải mại
Bạn có thể làm ở nhà hay tại văn phòng ban.
Full time, part time.
Residual Income
*Công ty đã có trên 3 năm và đang phát triển manh.

Xin vui lòng liên lạc lại email: audreytr2@yahoo.com.
Diện thoại 832 - 798- 3059

Xin Cám ơn.
We love referral

WHAT TO DO is the common question every of us have in mind now.
A few know what to do, but no one listen to them. The rest does not know what to do, but pretends to get paid to keep the seats.
Are we tired of facing that common?
I don't know how to relieve your stress, but would like to help you seeing where the economy is. Then you can plan your works safely.
At the beginning, we need to ask what has happened to Obama's stimulus which was used as a promise to stop the economy shinking down and can also create more jobs? If I remember correctly, he and his economic team claimed they have successfully leaned the financial crisis out from collapse and turn the economy a way from recession. Then they compared its identical destruction to the worse depression and took credit for the works.
In 1930, the country did not have current inference system which is all global interaction. That was the reason why it got worse.
Today, we have the best system, that prevents (not solve out) collapse in financial sector counted on global monetary interaction.
How much jobs did he and his team have created since the stimulus got approved?
With 9.8% now, and 10% in Jan 30?
Is the economy shaping in V, W, or rolling Z capital letter?
We know is not V, or W, but more likely in Z. But where are we in Z shape? Not top for sure. Are we in the bottom? Nope! Not there yet, base on current works and plans.
Now, we get the answer for what to do.
Hope everyone have less stress week coming,
Nang saigon

Nang Saigon,

It is too late for most to make any kind of movement. This deflation will destroyed most of the wealth out there, and will destroyed 99.99% of middle class within the next few years.

Most are now praying for a recovery that is nowhere to be seen.

best thing to do is take all your money out of the banking system and hope for the best.

If you are taking all your money out of the banking system, where are you parking it at Bear?

Under my bed, bury in the back yard, and anywhere else I can keep them government from looking. LOL

I've been exchanging my US dollar to other currencies too..

Here come the dollar fate as the reserved currency....


Gold miners soar on record prices
Gold miners jump as gold prices hit record $1,045 per ounce amid weakening dollar

On Tuesday October 6, 2009, 12:15 pm EDT

NEW YORK (AP) -- Record gold prices in New York trading Tuesday sent shares of precious metals miners soaring.

A faltering dollar helped kick up the price of gold. Commodities such as precious metals and oil are often used as a hedge against inflation and a weakening dollar. A sliding greenback also makes the commodities priced in dollars cheaper for foreign investors.

Gold for December delivery soared to a record $1,045 an ounce in morning trading on the New York Mercantile Exchange. Gold prices closed Monday at $1,017.80 an ounce. Prices for silver and platinum also rose.

The dollar's fall was linked to a report in a British newspaper, the Independent, which said that secret meetings were taking place between oil-producing countries and China, Russia, Japan and France. These talks were aimed at ending the pricing of crude in dollars, the report said, and moving instead to using a basket of currencies that included the Japanese yen, Chinese yuan and the 16-nation euro, as well as gold.

The dollar sank on that report, down 0.6 percent at midday against a basket of currencies that includes the yen and euro, even though officials from several governments denied any meetings taking place. Rising risk appetite due to Australia boosting its interest rate also helped propel markets and commodity prices.

Shares of gold producers jumped in midday trading.

Kinross Gold Corp. rose $1.46, or 6.9 percent, to $22.57; Yamana Gold Inc. added 84 cents, or 8 percent, to $11.24; AngloGold Ashanti Ltd. gained $2.92, or 7.1 percent, to $44.13; Barrick Gold Corp. rose $2.12, or 5.7 percent, to $39.04; Gold Fields Ltd. was up 88 cents, or 6.4 percent, to $14.87; Newmont Mining Corp. gained $3.07, or 7.1 percent, to $46.25; Hecla Mining Co. soared 52 cents, or 12 percent, to $4.87; Coeur d'Alene Mines Corp. rose $1.64, or 8.1 percent, to $21.83; Rio Tinto PLC moved up $7.88, or 4.7 percent, to $174.56; Freeport-McMoRan Copper & Gold Inc. climbed $2.58, or 3.8 percent, to $69.84; Eldorado Gold Corp. jumped $1.21, or 11.1 percent, to $12.14.

You guys/gals talk like this situation has never happened before.


Actually it happened almost 40 years ago in the early 1970s.



Please read the link below to broaden your mind.


http://en.wikipedia.org/wiki/Nixon_Shock



The Nixon Shock was a series of economic measures taken by U.S. President Richard Nixon in 1971 including unilaterally canceling the direct convertibility of the United States dollar to gold that essentially ended the existing Bretton Woods system of international financial exchange.

Daytrad,

They need inflation, they are creating inflation, but they are failing at doing so. asset and income are both on a spiral dead. They are selling an inflation pipedream.

Sorry Mr. S&P,

things like this never happen to this country before, not even during the great depression.

http://www.youtube.com/watch?v=YmLHyBabew4

this might help some people to "open their mind" a little to what happen. you might learn a thing or two....

Here is the link:
http://economix.blogs.nytimes.com/20...-job-losses-4/
I hope a few people here spend little time to read to understand how others think.
Nang saigon.