Comments on: Double-dip recession porridge: 3 bears dish it out Fri, 05 Dec 2014 11:27:18 +0000 hourly 1 By: Whatsgoingon Mon, 12 Sep 2011 21:24:20 +0000 Should we establish a bear-hunting season in the Wall Street? The crooks made up all these bubbles looting the middle class. Now they are pushing for more QEs which will load every unborn child with hundreds of thousands in debt. Without anything allocated for bear-hunting how far would the job creation program go?

By: txgadfly Mon, 12 Sep 2011 20:22:55 +0000 The ultimate problem in searching for safety is that charlatans have taken over the institutions we have been trained to flee to, the “safe havens” — the US dollar currency itself, the banks and brokers, debt instruments denominated in dollars. Each has had its own Bernie Madoff lying to the public and cheating it. And the Government too, with its Social Security and Medicare scams.

Why flee uncertainty to dishonesty and fraud? With no where safe, it may very well be the end of allowing crooks to run all our financial institutions. Problem is, they have already cleaned us out.

By: johnwasik Mon, 12 Sep 2011 20:10:16 +0000 Spend less than you earn — and SAVE! That’s the missing element in a lot of financial plans. You can cut your household budget all you want, but if you don’t put anything away, you won’t have that cushion you need.

By: wgoede Mon, 12 Sep 2011 19:36:00 +0000 That’s it. Spend less than you earn. But even better, start saving money for the things you want to buy. Than you never get into trouble. ( and you appreciate it even more)

By: Yowser Mon, 12 Sep 2011 19:29:36 +0000 Decades ago I attended a seminar put on by my then-stockbroker. The featured guest speaker was a multi-millionaire. Believe it or not, the speaker did not try to sell anything whatsoever to the audience. He said he only wanted to share some of his accumulated wisdom about how any of us could become (to whatever degree) wealthy. I have never forgotten his principal point, which seemed as true then as it does today: You must spend less than you earn.

By: limapie Mon, 12 Sep 2011 19:00:14 +0000 We haven’t come out of the last recession and are
STILL experiencing THAT downturn. The last stimulus
was a total and miserable failure that HURT us deeply.
Much of the stimulus was sucked down a bunch of little holes, and not used for the benefit of the whole. Greed had a field day.

We have to get out from under the recession, PLUS get
out from under that poor, poor attempt at fixing the situation.

Now, the United States will soon be in an extremely
painful energy crunch and THIS will plummet the whole
current economic plans to help jobs etc. The current ideas on the table will not work, plain and simple because the root—the very root of the crisis has not been addressed. No it isn’t the bickering in Washington that is making us stall out. It is the insistent need to
think that throwing cash at the problem will be all that is required. The root of the crisis is that too many people are all out for their little individual selves and not thinking collectively, responsibly, or for the benefit as a whole. The leadership is especially guilty of this! And I mean Obama!

The East Coast will see gasoline prices skyrocket
due to reduction and squeeze from the traitorist petro industry who are nothing but Obama counterparts! People will be ditching cars for mass transit
just to cope. In the areas where mass transit doesn’t fit because of wide distances, people will be stuck.
The middle states and east of the Rockies will be grieving with economic woes ALL because of the crunch.

I suggest that the White House stay home for a good long while and work for a change. Call the energy industry into chambers and have a good long talk with these folks about what they are doing to our Nation. Then, after you’re done with that….start up with the insurance industry, the banking industry….and give them all a patriotic or get-out speech.

By: NukerDoggie Mon, 12 Sep 2011 18:06:21 +0000 Papa Bear said, “Who’s the capitalist wolf that’s been outsourcing my damn job to India!”

Mama Bear said, “Who’s the dirty Federal reserve wolf that’s been stealing my savings and raiding the 401k!”

Baby Bear said, “I don’t want to be thrown out of my house! Me and my friends are taking to the streets, and you damn well better beware of us, ’cause we’re looking for a wolf to skin!”

The Three Bears, 2011 version