Our Jobless Recovery

The 2010 mid-terms are only a year away......

A jobless recovery is one of those Catch-22's Wrapped in a Conundrum, Wrapped in a infnite GOSUB routine.

We wont recover quickly unless Companies hire more workers, companies wont hire more workers unless there is more demand for product. Demand for product is down because people are saving money incase of a further Economic slide and some ar enot spending becaus ethey have no Jobs to bring income.

It's hardly the fault of any Political party or politician. It is simpy a sign of Fear and Caution as a result. What is irresponsible is that we have politicians and public figures using thier postions to push policies and ideal and garner attention that is counter productive to the very situation they are complaining about.

Marvo Da Mighty,

How can companies properly operate when they are being mandated and regulated and manipulated through the changes of the money supply and the massive job-sucking debt.

What we need is a free economy, a fair economy, where people KEEP what they earn and when they can trust the government won't ruin the currency, so they can save it. THEN we will prosper. Throwing mud and hoping it sticks doesn't work. Temporary fix only.

Peter wrote:

Marvo Da Mighty,
How can companies properly operate when they are being mandated and regulated and manipulated through the changes of the money supply and the massive job-sucking debt.
What we need is a free economy, a fair economy, where people KEEP what they earn and when they can trust the government won't ruin the currency, so they can save it. THEN we will prosper. Throwing mud and hoping it sticks doesn't work. Temporary fix only.

Peter

If you would ,

Realize that this economic crash is a clear indicator that a self sustaining self reguating market is NOT a VIBLE solution. A free Market is dependent on ethical and almost alrusitic investment in the commuity by a company to support its core customer base, by responsibly providing prodct as demande while engaging in marketing to new potential clients, all without attempting to inflate the market price for gain, or flood the market to drive down prices and force lesser competitors out of business Basically all Businesses are equal in thier access to resources regardless of size.

Look how well a version of that worked when Finincial regulation all but fell apart in this country and around the world. When Motor Companies like Ford and GM , and Chrysler all but gouged money from the pockets of American with Gas Guzzling, Polluting, over priced, and (compared to the European versions) Technologically, and astheticaly stale vehicles, all but DRIVING the consumer to Foreign Manufacturers. that offered the same ride and feel of an american car but for a decent price a decent quality and a responsible use of tech that increased gas milage, Pushed design and function. And not because they could not, That is obvious by the Gorgeous NEW Ford Flex, Fusion, Taurus, Chevy Equinox and the sporty , Powerful and FUEL EFFICIENT Camaro plus others, They just would not because we brought American and were guilted into doing it.
look how that failed as well... You cannot base an economy on self regulating industry , based solely on demand it is not a feasible model , and is only a theoreticl idea , A story for children and fools to dream about, andOLd men to lament over, like socialism It will never work beacuse if relies on Human behavior as a core motivaion for Moral direction.

viable

MarvO Da Mighty,

I must respectfully disagree.

Our market is not a free one. Our money supply is not a reliable one.

This recession was long in the making. It had nothing to with capitalism.

Listen to Ron Paul in 2000:

"The financial bubble that the Fed manufactured over the past decade or two will burst and the illusion of our great wealth will end."

He also predicted th 1987 recession. Some special talent? Not really. Its obvious.
The business cycle is caused by central planning. When there is massive inflation, there are bound to be severe consequences. This is especially true in our situation, with a easily changeable money supply with no hard backing.

People keep denouncing him as a loony, but everything he says comes true and hes right.

We don't have true capitalism, and never really have, unless you go way back in 1913. Everybody denounces it, even though few have ever tried it. When its in effect, prosperity abounds and people flood to the country that has it.

Why was Ron Paul ignored?

Congressman Ron Paul
U.S. House of Representatives
July 16, 2002

“Mr. Speaker, I rise to introduce the Free Housing Market Enhancement Act. This legislation restores a free market in housing by repealing special privileges for housing-related government sponsored enterprises (GSEs). These entities are the Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corporation (Freddie), and the National Home Loan Bank Board (HLBB). According to the Congressional Budget Office, the housing-related GSEs received $13.6 billion worth of indirect federal subsidies in fiscal year 2000 alone.

One of the major government privileges granted these GSEs is a line of credit to the United States Treasury. According to some estimates, the line of credit may be worth over $2 billion. This explicit promise by the Treasury to bail out these GSEs in times of economic difficulty helps them attract investors who are willing to settle for lower yields than they would demand in the absence of the subsidy. Thus, the line of credit distorts the allocation of capital. More importantly, the line of credit is a promise on behalf of the government to engage in a massive unconstitutional and immoral income transfer from working Americans to holders of GSE debt.

The Free Housing Market Enhancement Act also repeals the explicit grant of legal authority given to the Federal Reserve to purchase the debt of housing-related GSEs. GSEs are the only institutions besides the United States Treasury granted explicit statutory authority to monetize their debt through the Federal Reserve. This provision gives the GSEs a source of liquidity unavailable to their competitors.

Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges of Fannie, Freddie, and HLBB have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans.

However, despite the long-term damage to the economy inflicted by the government’s interference in the housing market, the government’s policies of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing.

Peter wrote:

MarvO Da Mighty,
I must respectfully disagree.
Our market is not a free one. Our money supply is not a reliable one..

Exactly Peter , It's not a free Market nor will it ever be. The Attempt to go that route Failed, Miserably and put us where we are now. Less government control is not the answer, RESPONSIBLE and PROPER regulation is, if for no other reason than to dissuade those who would cheat the system. Free Markets are NOT Viable , and are Just theoretical as they apply to the current global Economy. And By saying that you should get what I mean, Global Free Markets wont happen , not with countries Diametrically opposed to everything America, and it is that very non universal adaptation that will relegate the FREE market to only a Theoretical Discussion in ECON 101

Telstar wrote:

viable

Yes thank you... Well caught... Sometimes You get to typing and lose track of the spell Checker.

Scott T wrote:

I say we use our Constitutional right to petition our Government to quit being stupid. This health care bill is a joke. Jailing people who decide to, I don`t know, feed their kids instead of buying a health care insurance policy!
Obama must be stopped. He is acting damn stupidly...
mmm, mmm, MMM.

I am with you bro!

MarvO Da Mighty wrote:

<quoted text>
Exactly Peter , It's not a free Market nor will it ever be. The Attempt to go that route Failed, Miserably and put us where we are now. Less government control is not the answer, RESPONSIBLE and PROPER regulation is, if for no other reason than to dissuade those who would cheat the system. Free Markets are NOT Viable , and are Just theoretical as they apply to the current global Economy. And By saying that you should get what I mean, Global Free Markets wont happen , not with countries Diametrically opposed to everything America, and it is that very non universal adaptation that will relegate the FREE market to only a Theoretical Discussion in ECON 101

It is not a free market because of the Governement ..Clinton thru Bush) do not want a free market. Obama is just Bush on steriods. We can will have a free market again because at least 45 to 50% of the American people see that Obama is taking us to socialism. There will be civil war in this country before that happens.

MarvO Da Mighty,

The attempt to go what route?

Free market?

We haven't had a free market in a long, long time. Way back, in the first decade of the 20th century, maybe.

You say free market fails, how so? An example? Hmmm...

Our economy is only more evidence that a weak currency with a massive government intervening and creating huge bubbles is bound to create recessions and depressions which will plague the economy and destroy our nation until we do the right thing.

Free market is the way to go. We need to stop taxing, regulating, and controlling to death. We need to stop allowing our government to spend WAYYY beyond their means, with all their huge growth and debt sucking up valuable jobs. We need to stop allowing our government to destroy the currency and inflate so they can finance even more spending.

How can we do that?

Vote in politicians who can cut the spending, get rid of central planning, bolster the currency, lower taxes, and free up the economy.

Real Woman wrote:

<quoted text>
It is not a free market because of the Governement ..Clinton thru Bush) do not want a free market. Obama is just Bush on steriods. We can will have a free market again because at least 45 to 50% of the American people see that Obama is taking us to socialism. There will be civil war in this country before that happens.

Okay let me try this again , really simple...
A Free market wont work, because it would have to be adapted to Globally by every nation, each with a fixed amoun of resources to feed the fluctuating demand. How do you plan for Demand on a global scale ?

What happens to the excess inventory? do you sell it or stockpile it, what if you cannto stockpile it, do you destroy it and lose the investment? Those are just two of the hundreds of the considerations of a Free Market system. I am thinking alot of you are not to clear on the concept.

Peter wrote:

MarvO Da Mighty,
The attempt to go what route?
Free market?
We haven't had a free market in a long, long time. Way back, in the first decade of the 20th century, maybe.
You say free market fails, how so? An example? Hmmm...
.

wow you don't read context much do you? Okay the attempt to spur the seeds of Free market again in this country Failed! the Deregulation of Financial institutions, and the concessions to Big Industry instead of boosting Jobs and spurring economic growth, only led to flawed practices that wound up being abused by opportunists, which lead to over extending credit to the unworthy, Businesses Moving Jobs overseas and closing plants here, MAJOR foreign Investors PLAYING with our market here and then stranding Americans (DHL - Winmington Ohio) desperate.

Hows that for an example. To even make it easier for digestion the whole idea of a FREE market is Little or No (ideally) Government intervention of any kind. To get there from where we are now you try to Deregulate as much as possible then phase out the remaining government involvement.(sound Familiar)

I think you like the Idea, but fail to see the concept as a whole is NOT possible.

MarvO Da Mighty,

Sorry. But I thought you were implying free market was the cause of this recession. It wasn't. You can call what caused this recession " an attempt to free the market" but I call it " government intervening only more". You can't doom free market if you've never had one. Government INTERVENTED, giving GSE's a line of credit to the U.S treasury. Under pure market conditions, the likes of Fannie and Freddie couldn't have got them all that capital. A bubble was created from the governments involvement, not greed or opportunists.

Its a moot point, isn't it? The government is growing, and is controlling more and more of the economy, so we won't even get to know what a free market would be like. People condemn private enterprise without ever seeing it at work.

I support LESS government, the LEAST amount as possible. Not giving credit to companies, or supporting them, propping them up, giving them special privileges, or encouraging risky lending. That is NOT less government. I hope thats clear.

This recession, as others - was easily predictable and at root came from government involvement and manipulation.

Scott T wrote:

MMM, MMM, MMM...
Change you can believe in. Buy a $15,000 policy or go to Jail. Why is Obama doing this? Is it because he is a Fascist Dictator? Telling Americans what they have to buy in the Land of the Free! This is outragous and it must be stopped. 5 years in jail for failing to buy health care insurance?
"The U.S. Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."

Who is going to jail because of failure to purchase an over priced insurance policy from the likes of Aetna and the Blues.

I told you, SINGLE PAYER HEALTH CARE is the way to go.

Everything else is just a gimme to the denial-of-care greed meisters of the insurance industry.

Peter wrote:

MarvO Da Mighty,
I must respectfully disagree.
Our market is not a free one. Our money supply is not a reliable one.
This recession was long in the making. It had nothing to with capitalism.
Listen to Ron Paul in 2000:
"The financial bubble that the Fed manufactured over the past decade or two will burst and the illusion of our great wealth will end."
He also predicted th 1987 recession. Some special talent? Not really. Its obvious.
The business cycle is caused by central planning. When there is massive inflation, there are bound to be severe consequences. This is especially true in our situation, with a easily changeable money supply with no hard backing.
People keep denouncing him as a loony, but everything he says comes true and hes right.
We don't have true capitalism, and never really have, unless you go way back in 1913. Everybody denounces it, even though few have ever tried it. When its in effect, prosperity abounds and people flood to the country that has it.
Why was Ron Paul ignored?
Congressman Ron Paul
U.S. House of Representatives
July 16, 2002
“Mr. Speaker, I rise to introduce the Free Housing Market Enhancement Act. This legislation restores a free market in housing by repealing special privileges for housing-related government sponsored enterprises (GSEs). These entities are the Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corporation (Freddie), and the National Home Loan Bank Board (HLBB). According to the Congressional Budget Office, the housing-related GSEs received $13.6 billion worth of indirect federal subsidies in fiscal year 2000 alone.
One of the major government privileges granted these GSEs is a line of credit to the United States Treasury. According to some estimates, the line of credit may be worth over $2 billion. This explicit promise by the Treasury to bail out these GSEs in times of economic difficulty helps them attract investors who are willing to settle for lower yields than they would demand in the absence of the subsidy. Thus, the line of credit distorts the allocation of capital. More importantly, the line of credit is a promise on behalf of the government to engage in a massive unconstitutional and immoral income transfer from working Americans to holders of GSE debt.
The Free Housing Market Enhancement Act also repeals the explicit grant of legal authority given to the Federal Reserve to purchase the debt of housing-related GSEs. GSEs are the only institutions besides the United States Treasury granted explicit statutory authority to monetize their debt through the Federal Reserve. This provision gives the GSEs a source of liquidity unavailable to their competitors.
Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges of Fannie, Freddie, and HLBB have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans.
However, despite the long-term damage to the economy inflicted by the government’s interference in the housing market, the government’s policies of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing.

Repeal Ron Paul.

Peter wrote:

MarvO Da Mighty,
Sorry. But I thought you were implying free market was the cause of this recession. It wasn't. You can call what caused this recession " an attempt to free the market" but I call it " government intervening only more". You can't doom free market if you've never had one. Government INTERVENTED, giving GSE's a line of credit to the U.S treasury. Under pure market conditions, the likes of Fannie and Freddie couldn't have got them all that capital. A bubble was created from the governments involvement, not greed or opportunists.
Its a moot point, isn't it? The government is growing, and is controlling more and more of the economy, so we won't even get to know what a free market would be like. People condemn private enterprise without ever seeing it at work.
I support LESS government, the LEAST amount as possible. Not giving credit to companies, or supporting them, propping them up, giving them special privileges, or encouraging risky lending. That is NOT less government. I hope thats clear.
This recession, as others - was easily predictable and at root came from government involvement and manipulation.

Baloney.

The problem is that industry, particularly in the form of Wall Street, is controlling government.

It is LACK of regulation that caused this last bubble. Everyone knows this except you and Ron Paul.

MarvO Da Mighty wrote:

<quoted text>
Okay let me try this again , really simple...
A Free market wont work, because it would have to be adapted to Globally by every nation, each with a fixed amoun of resources to feed the fluctuating demand. How do you plan for Demand on a global scale ?
What happens to the excess inventory? do you sell it or stockpile it, what if you cannto stockpile it, do you destroy it and lose the investment? Those are just two of the hundreds of the considerations of a Free Market system. I am thinking alot of you are not to clear on the concept.

In australia when the sheep market goes bad they kill the herds down to a small nucleus. Lets the grass recover improves the marker price.

Oregon is Disgusting,

Yes, it was Wall Street that caused it.

Any specifications? How did Wall Street cause it?

You clearly have nothing intelligent to add to the discussion. You think you know so much, but know very little. People say "greed" caused the economic collapse. OK then. How bout we get more specifications? What areas need more regulation? WHat specific legislation deregulated them?

Government will always be the problem, blocking the way of prosperity and growth, and confounding market signals with their job damaging deficit and inflation.

All the economic collapses of the past century were at root, from government intervention, which only lets a few select rich get on top of the rest and creates an illusionary boom. A few voices speak out while the boom is at its peak, warning that it is, really, only a TEMPORARY boom, but no one listens.

With people like you, history is doomed to repeat.

Check this out to every fellow American...
You will need to know what to expect that is comming to America and the World.

Youtube short video...
http://www.youtube.com/watch...