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#1
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posted to rec.boats
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Even in these weird times there is a lot of money looking for a home
to grow. U.S. saving rates are over 6.9% and money that used to flow into pension plans is going into savings and money market accounts instead. Whenever I go places, a topic of conversation is "where to put money to get growth". However, instead of investing in activities that produce jobs, Americans are waiting because they simply do not trust Bozoma on the economy..Can you blame them? When businesses will not invest and are busy laying off workers, would you invest? Think about it. If you were a businessman and thought that your competetition would have their debts forgiven by Presidential decree, this would put you at a real disadvantage and you would not invest in new business. Likewise when a person sees people having their million dollar mortgages renegotiated to be lower, he thinks "Damn, why should I buy and pay my way when others dont have to pay for what they bought" so the real estate business suffers. Businesses are reluctant to hire because they think Bozoma will punish them for doing so. Will he saddle them with requirements for health care for part-time workers? Maybe they should just wait and not hire part timers, so teens cannot get jobs. Businesses worry about huge new tax burdens from Tax and scam (cap and trade) so they conserve cash and do not invest in workers or new business. With the Bozoma regime being so strongly anti-business, there is no way any reasonable person would invest in anything that might create jobs. Instead, any prudent person or business will reduce their numbers of employees and conserve cash and wait for the business climate to get better. It is not any specific thing that Bozoma has done that has crippled the economy but his entire attitude toward economics that strongly discourages growth to get us out of the recession. Bozoma cannot help himself and we will not have any economic growth until the Dems are kicked out of office. We can look forward to 15% unemployment by the end of the year and 20% by mid-next year. |
#2
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posted to rec.boats
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Frogwatch wrote:
Even in these weird times there is a lot of money looking for a home to grow. U.S. saving rates are over 6.9% and money that used to flow into pension plans is going into savings and money market accounts instead. Whenever I go places, a topic of conversation is "where to put money to get growth". However, instead of investing in activities that produce jobs, Americans are waiting because they simply do not trust Bozoma on the economy..Can you blame them? When businesses will not invest and are busy laying off workers, would you invest? Think about it. If you were a businessman and thought that your competetition would have their debts forgiven by Presidential decree, this would put you at a real disadvantage and you would not invest in new business. Likewise when a person sees people having their million dollar mortgages renegotiated to be lower, he thinks "Damn, why should I buy and pay my way when others dont have to pay for what they bought" so the real estate business suffers. Businesses are reluctant to hire because they think Bozoma will punish them for doing so. Will he saddle them with requirements for health care for part-time workers? Maybe they should just wait and not hire part timers, so teens cannot get jobs. Businesses worry about huge new tax burdens from Tax and scam (cap and trade) so they conserve cash and do not invest in workers or new business. With the Bozoma regime being so strongly anti-business, there is no way any reasonable person would invest in anything that might create jobs. Instead, any prudent person or business will reduce their numbers of employees and conserve cash and wait for the business climate to get better. It is not any specific thing that Bozoma has done that has crippled the economy but his entire attitude toward economics that strongly discourages growth to get us out of the recession. Bozoma cannot help himself and we will not have any economic growth until the Dems are kicked out of office. We can look forward to 15% unemployment by the end of the year and 20% by mid-next year. You have so many factual errors in your post, your only hope is to become an adviser to sarah palin. Or maybe you are. |
#3
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posted to rec.boats
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![]() "Frogwatch" wrote in message ... Even in these weird times there is a lot of money looking for a home to grow. U.S. saving rates are over 6.9% and money that used to flow into pension plans is going into savings and money market accounts instead. Whenever I go places, a topic of conversation is "where to put money to get growth". However, instead of investing in activities that produce jobs, Americans are waiting because they simply do not trust Bozoma on the economy..Can you blame them? When businesses will not invest and are busy laying off workers, would you invest? Think about it. If you were a businessman and thought that your competetition would have their debts forgiven by Presidential decree, this would put you at a real disadvantage and you would not invest in new business. Likewise when a person sees people having their million dollar mortgages renegotiated to be lower, he thinks "Damn, why should I buy and pay my way when others dont have to pay for what they bought" so the real estate business suffers. Businesses are reluctant to hire because they think Bozoma will punish them for doing so. Will he saddle them with requirements for health care for part-time workers? Maybe they should just wait and not hire part timers, so teens cannot get jobs. Businesses worry about huge new tax burdens from Tax and scam (cap and trade) so they conserve cash and do not invest in workers or new business. With the Bozoma regime being so strongly anti-business, there is no way any reasonable person would invest in anything that might create jobs. Instead, any prudent person or business will reduce their numbers of employees and conserve cash and wait for the business climate to get better. It is not any specific thing that Bozoma has done that has crippled the economy but his entire attitude toward economics that strongly discourages growth to get us out of the recession. Bozoma cannot help himself and we will not have any economic growth until the Dems are kicked out of office. We can look forward to 15% unemployment by the end of the year and 20% by mid-next year. I think what you are seeing is a distrust of US business and government ethics. Why loan money in the US today? 1/4% interest and all the risk? Just to have the government do a GM on bondholders? The currency is ponzi with government printing/creating the shortfall when foreign banks have trillions on deposit they fear dumping? It is like a game of musical chairs, if China dumps some USD, then Saudi get ticked as their wealth devalues. Obama promises have to cost a lot, where is the money coming from? You get a worker, working their tails off for the American dream and they can't afford to get caught in a GM, Chrysler, Citibank, Lehmann corruption .... government debt non-repayment. There isn't a credit shortage, there is a shortage of credit score, nationally and in the currency itself! Your average little guy knows there is no bailout for them. Debtors run the government, and they are not paying their bills. Until government restores fiscal sanity, this market is teatering on collapse the likes that make 1929 look like a cake walk. US currency/government is in essense, bankrupt and the only think keeping it up is that foreigners don't want to take the writedown (yet). And while nationally, people are taking home less money, working harder and they have less to spend. Add pending tax increases, we are in for a very long recession/depression. And with all of Obama's hype talk, he appitimizes the free lunch and the root causes of the USA economic demise. I don't know who said it, but the enemy was from with-in. The US government ponzi operations pandering to debtors for votes. |
#4
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posted to rec.boats
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![]() "HK" wrote in message m... Frogwatch wrote: Even in these weird times there is a lot of money looking for a home to grow. U.S. saving rates are over 6.9% and money that used to flow into pension plans is going into savings and money market accounts instead. Whenever I go places, a topic of conversation is "where to put money to get growth". However, instead of investing in activities that produce jobs, Americans are waiting because they simply do not trust Bozoma on the economy..Can you blame them? When businesses will not invest and are busy laying off workers, would you invest? Think about it. If you were a businessman and thought that your competetition would have their debts forgiven by Presidential decree, this would put you at a real disadvantage and you would not invest in new business. Likewise when a person sees people having their million dollar mortgages renegotiated to be lower, he thinks "Damn, why should I buy and pay my way when others dont have to pay for what they bought" so the real estate business suffers. Businesses are reluctant to hire because they think Bozoma will punish them for doing so. Will he saddle them with requirements for health care for part-time workers? Maybe they should just wait and not hire part timers, so teens cannot get jobs. Businesses worry about huge new tax burdens from Tax and scam (cap and trade) so they conserve cash and do not invest in workers or new business. With the Bozoma regime being so strongly anti-business, there is no way any reasonable person would invest in anything that might create jobs. Instead, any prudent person or business will reduce their numbers of employees and conserve cash and wait for the business climate to get better. It is not any specific thing that Bozoma has done that has crippled the economy but his entire attitude toward economics that strongly discourages growth to get us out of the recession. Bozoma cannot help himself and we will not have any economic growth until the Dems are kicked out of office. We can look forward to 15% unemployment by the end of the year and 20% by mid-next year. You have so many factual errors in your post, your only hope is to become an adviser to sarah palin. Or maybe you are. I thought he was optimistic. I figure unemployment will hit 25% without the government turd polishing applied. (Commonly called adjustments). Once enough people are unemployed, the revolution for economic freedom from government oppression can begin in earnest. Just need more to learn the lessons of debt, dishonor, corruption (bailouts) and liberal BS. Give it 5 years. |
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