Wednesday, November 5th,2008.

TonyF's picture

Some of us will be happy. Some of us will be sad. Some will be angry. Some won't give a damn.
But soon, I fear, we will all be very sorry no matter the outcome.

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Main Stream's picture
Submitted by Main Stream on Thu, 10/30/2008 - 9:54am.

We do have a choice on November 4th, to move away from 8 years of failed policies and neocon philosophy, OR we can choose to vote for more of the same, with McCain, and continue down the same path:

"NEW GDP REPORT: The U.S. economy shrank at a 0.3 percent annual rate in the third quarter, its sharpest contraction in seven years...The Commerce Department said the third-quarter contraction in gross domestic product was the steepest since the corresponding quarter in 2001..."

"Incomes after taxes and adjusted for inflation dropped at the fastest pace since comparable record began in 1947, today's GDP report also showed."

REUTERS

* Qwest announces profit loss and will cut 1,200 jobs

* Yahoo's profits down and company will cut 1,500 jobs

* Ebay is cutting 10% of its workforce, or 1,600 jobs

* After taking over Lehman Bros., Barclay's announces it will cut 3,000 jobs

* Whirlpool will cut 5,000 jobs by the end of 2009

* Chrysler announces it will cut 5,000 jobs

* Wall Street layoffs have surged past 110,000 so far this year

"Employers cut 159,000 jobs in September, more than twice as many as in August or July, the Labor Department reported. It was the biggest monthly decline since 2003..."

JOBS REPORT


The Wedge's picture
Submitted by The Wedge on Thu, 10/30/2008 - 11:41am.

How does a President create one job in the private sector? All the government does is take money from someone and gives it to someone else. How are jobs created in that? Government has the power to eliminate jobs-through tax policy, aggressive minimum wage laws, regulations. But nowhere does a government legislate prosperity


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