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U.S. Market Recovers Most of Loss; Wall Street Expects More Juice from Fed
Don, I am “bullish” on anyone who risks their lives for me and my family and community and country 24/7/365, that makes all the difference in the world. In point of fact, military, police and fire personnel are placed far too much in Harm’s Way by the consequences of corruption far too many times, like Iraq, like Viet Nam, like Korea, like San Diego’s never-ending firestorms all due to out of control military (civilians) -industrial-government-academic corruption. Now we have out of control violence in the streets where too many monsters have better weapons than those who keep us safe. We owe them everything, today they are the last champions of American Democracy, because the corruption is producing far too much hate, poverty and violence that they have to protect us from. As long as my family and friends and community and Americans feel safe I’ll continue to champion those Heroes and Patriots who protect us from traitorous politicians and special interests without any hesitation without question.— January 25, 2008 12:16 p.m.
U.S. Market Recovers Most of Loss; Wall Street Expects More Juice from Fed
Don, let’s admit that our Degenerations (generations that came before X & Y) set up X & Y for the fall because we allowed corruption to get out of control and destroy their future. The paramount fact is that our Degenerations allowed every American institution (government, judicial, business, banks, academic, religious, Fourth Estate, basically all except military, police and fire protection) fail us, so much that we have sent X & Y into bankruptcy before they have a chance to achieve The American Dream like we had. That’s a hell of a legacy we are giving X & Y Don – Poverty, Pollution, Violence and Disease. The only option we have at this point is to vote every politician out of office in Washington, Sacramento and San Diego and replace them all to force our elected representatives to restore honor, integrity, morals and ethics to American Democracy, but that can never happen now. The current presidential debates and congress for decades have proven that America has no leaders, no one who can bring us all together to provide an acceptable quality of life future for X & Y. So as members of the Degenerations we continue doing what we do best/worst, watching and doing nothing to help X & Y avoid the consequences of our hellacious failures to take advantage of all the opportunities we had and screwed up, so X & Y will never have what we had and failed to protect.— January 25, 2008 5:47 a.m.
Federal Reserve Slices Interest Rates Three Quarters of One Percent, but Stock Futures Still Down
Don, let’s admit that our Degenerations (generations that came before X & Y) set up X & Y for the fall because we allowed corruption to get out of control and destroy their future. The paramount fact is that our Degenerations allowed every American institution (government, judicial, business, banks, academic, religious, Fourth Estate, basically all except military, police and fire protection) fail us, so much that we have sent X & Y into bankruptcy before they have a chance to achieve The American Dream like we had. That’s a hell of a legacy we are giving X & Y Don – Poverty, Pollution, Violence and Disease. The only option we have at this point is to vote every politician out of office in Washington, Sacramento and San Diego and replace them all to force our elected representatives to restore honor, integrity, morals and ethics to American Democracy, but that can never happen now. The current presidential debates and congress for decades have proven that America has no leaders, no one who can bring us all together to provide an acceptable quality of life future for X & Y. So as members of the Degenerations we continue doing what we do best/worst, watching and doing nothing to help X & Y avoid the consequences of our hellacious failures to take advantage of all the opportunities we had and screwed up, so X & Y will never have what we had and failed to protect.— January 25, 2008 5:35 a.m.
U.S. Market Recovers Most of Loss; Wall Street Expects More Juice from Fed
We must give Americans a break first, to get out from under the financial hardships created by Washington so they can buy up the outrageously excessive and recessionary foreclosed housing stock we have that is wasting away. Do not punish Americans who can still afford rational rates, but were allowed by Washington to make brain-dead stupid decisions with the same mentality as our brain-dead stupid (and corrupt) congresspersons. It is a criminal, total waste to our economy to allow foreclosed housing units to go unoccupied by people who can afford lower interest rates. And it is also imperative that we must get back to building more housing units for the long lines of people who need them to raise families to restore the American Way of Life and American Dream that have been trashed by Washington. Don, this is no time to practice the economic idealism of high interest rates that caused us to get us into this hideous combination of recession and inflation we are experiencing today. Besides, X & Y gens need to have enough money to buy what The Reader advertises.— January 24, 2008 12:39 p.m.
U.S. Market Recovers Most of Loss; Wall Street Expects More Juice from Fed
Don, the main problem is political. Washington politicians have been letting mortgage and credit card predators get away with usury for far to long. There is a lot more corruption in Washington than just Cunningham who was the role model for corruption, and both political parties are totally responsible for the crises we have today, with no end in sight. We have absolutely no leaders in Washington, no cooperation in Washington, and none of the candidates who are members of Congress today have shown any leadership in the congress at all. My own representative Susan Davis and our Senators are totally useless, enabling the fleecing and destruction of the American Dream for everyone but the obscenely wealthy. So we have no candidates who will fight back with aggressive leadership to force cooperation for the future of X & Y, just more of the same B.S. rhetoric we have been hearing for the decades that it took to get this bad. I still remember the first days of televised campaigns where politicians would go to W. Virginia coal mines every four years to visit the worst poverty in America, and then go away and do nothing to control out of control poverty in America, which now threatens more and more of the middle class and X & Y generations. The FED had to take extreme measures because the special interest powers that be who own our politicians have been out of control for far too long. We must have low interest rates to get out of the Bankruptcy and Default era.— January 24, 2008 11:22 a.m.
U.S. Market Recovers Most of Loss; Wall Street Expects More Juice from Fed
Don, the facts are: INFLATION: We already have out of control inflation with fuel, food, health, education, and up until recently housing and usurious interest rates. RECESSION: On the recession side of the ledger already are jobs, exports, manufacturing, building, savings, and retirement. “Consumers can't afford to spend more.” You got your wish on that one, because of usurious interest rates. “They need to save.“ Again, usurious interest rates eliminate this as an alternative for most. And then because of all the above we have “stock market slump.” Sure hasn’t done much good to keep rates high has it.— January 23, 2008 2:59 p.m.
U.S. Market Recovers Most of Loss; Wall Street Expects More Juice from Fed
(Cont'd from above) Thus it is most important today that we focus first on critical issues like health and growth of the new American economy to provide that highest levels of employment and wealth for all Americans, sell off the existing housing stock and build more housing to provide jobs and meet the needs of all Americans, and provide opportunities for increased investment saving for all Americans. Under current economic conditions the fact is that unscrupulously high interest rates did nothing to control outrageous consumption. And if you continue to insist of high interest rates then far too many Americans and institutions will increasingly remain in grave jeopardy as they are today. First, low interest rates are absolutely necessary for renewed economic expansion and growth, first by selling off the incredible stock of house we have available for far too many people who need homes to raise families in. For that we need lower home prices which are occurring and lower interest rates that far more Americans can afford to achieve the American Dream. Lower interest rates also make more investment money available for savings and retirement for the future of all Americans that is currently in grave jeopardy. Meanwhile economists are always divided because that is an unwritten law of economics, and economists have just plain failed America, along with most other academicians and our Degenerations. So we must forget economists whose heads are in the past and focus on whatever it takes to rebuild and expand the wealth of America for generations X & Y. We owe them that legacy.— January 23, 2008 1:47 p.m.
U.S. Market Recovers Most of Loss; Wall Street Expects More Juice from Fed
Don, I have refrained from further discussion of your anti-interest rate reduction philosophy out of respect for what you have contributed San Diego through your columns over many dedicated decades. Your latest career has required you to spend most of your time meticulously exposing the Matterhorn of corruption that exists throughout San Diego politics which is a relatively simple task under current conditions of government and judicial failure. Again, I respectfully recommend that you need to spend more time on the far more difficult task of giving detailed advice to The Reader’s X & Y generations on their personal economic survival and growth. Considering the latest Fed moves I find circumstances force me to challenge your low interest rate ideology. The first fact about America’s economic wealth today is that times have changed completely and forever in America where we are no longer the manufacturing goliath that dominated production for the entire world after WWII. We must therefore find new ways to grow economically. Under present conditions of recession and inflation we must have low interest rates to support economic rebuilding and growth by producing new ways of producing income and wealth for the middle class and lower economic levels of our society, with the most important first goal being to get as many Americans out of poverty as possible, so all can share in building the new wealth of America. As we all know now what America’s economy is suffering from most today, besides the destructively greedy practices of all of our institutions, is the fact that usuriously high interest rates have caused far too many people to go bankrupt, causing them to bail out of far too many homes and all other loans. One of the strengths of the economy that America has left is home building and owning. (Cont'd below)— January 23, 2008 1:46 p.m.
People Fleeing California, Says Economist Arthur Laffer, Who Did Just That
Reply to above post: Simple and fast solution Don, restore last week's page design immediately.— January 19, 2008 1:15 p.m.
Charlotte Russe, Defying Industry Trends, Posts Excellent Sales Gain
Response to above post: Pain and Suffering must be reaching an all-time high not seen since the Great Depression. Corruption and incompetence of our elected local, state and federal politicians like Murphy, Sanders, Dumanis, Greer, Susan Davis, Duke Cunningham et al, must also be at an all-time high following in the traditions of Tammany Hall and Richard J. Daley machine politics. So health, economy, education, jobs, environment, moral values, budget deficit and a never-ending number of Millennial generation problems are overwhelming them and America to the point where local, state and federal corruption and incompetence are destroying the American way of life as the ultimate legacy of Degenerations. Meanwhile far too many blood sucking corporations like Charlotte Russe are sucking the life blood right out of their own customers with outrageous profits and exportation of jobs that are destroying what is left of the American economy.— January 19, 2008 12:07 p.m.