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PD User at 2008-11-09 14:49:08   [Reply] IP:116.49.56.★
Americans over spent, and ask the world to pay the bills.
PD User at 2008-11-06 07:28:11   [Reply] IP:70.153.234.★
America living on credits, which they are looking good on paper but zero on reality. I"m not feel sorry for those people on foreclosure or behind on payment.
PD User at 2008-10-31 00:13:15   [Reply] IP:71.116.77.★
Too much of consumers" money is going to pay interest. Government legislation, the Fed, and the banks have stripped consumers of their wealth. The economy will not recover until consumers do. Lowering the interest rate and throwing money at banks and other corporations is not going to fix the problem. It is only going to make matter worse when the resulting inflation sets in. Banks are going to have to take their lumps along with everyone else. To reduce the severity, banks need to lower interes... (More details.)
PD User at 2008-10-30 23:00:30   [Reply] IP:24.151.105.★
Business & consumers were blindsided by the volatile subprime crises. No one could have imagined our banking system was at risk. It is no longer business as usual; Americans are holding their breath, hoping that they keep their jobs and trying to prevent foreclosures on their homes (ie.http://www.BuyMyHouseBeforeTheBankTakesIt.com). Never before, in the history of America, have we been faced with such a banking scandal that almost took down the world’s wealth. It is going to be a long time ... (More details.)
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