STOP the lying about the economy......NOW!

Lou Dobbs show just announced that 24,000 jobs were lost this week;

3500 by some toy company (not big enough to compete with Walmart, Target....closing over THREE HUNDRED stores...not 'big' enough)

10,000 at Kraft (not profitable enough)

anyone know the others?

this Dobbs report was given by a usually sanguine female reporter (not Kitty who), who VERY sarcastically used 24K figure after saying that Greenspan said the jobs picture was looking up!

I'm getting SO sick of media drones repeating this garbage over and over and over.

another one......I heard a guy blame the latest downturn in housing start on "the weather"

what are they going to do when interest rates start going up, housing sales go down, along with the value of all those big houses people caught on the outside of the bubble.

you think bankruptcies are at a record level now?

if you have any free cash, you'll be able to get some real bargains soon....maybe not til after the selection, but just wait.

Sell now, though, if you've got a big mortgage looming

book it

They sucked. I'm surprised they lasted as long as they did.

If Target closes a store its most likly because their building a new one. Here in Wichita their building a Super Target not to far from a Walmart. Their closing a smaller 25 year old store but building a new one of those a couple of miles down the road.

I don't think Target is having to many problems,I much perfer them over Wally World.

David

Add in underemployment. Add those who have given up. Factor in massive amounts of uncompensated overtime. Toss in loss of benefits.

And now there are a few straws in the wind that interest rates won't stay down much longer...when they start up, the stock market is likely to tumble.

With all this, the pugs want to change the bankruptcy law so that discharge of debt is much more difficult.

If anything, you're too optimistic! :scared:

I've posted this before and it's the most unassailable picture I've seen of how fewer and fewer people in this country are sharing in the wealth that's only created by labor. (Remember, everyone incurs part of the cost of wealth-creation.) George W. Bush and his cronies and handlers are about 10 million jobs behind the curve.

are certain about the existence of jobs related program activities."

from Orcinus, 1/28/04, "Brad Delong"