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  1. #1
    Join Date
    Dec 2005
    Location
    California/Nevada
    Posts
    3,640

    Media syas we MIGHT be headed for recession

    i saw it on TV 3 days ago.

    what that means is, throughout everything that's been happening, the public bailing out the corrupt banking system, the stock market dropping, people losing jobs due to the hearsay,

    the majority of large businesses are still pulling increasing profits.

  2. #2
    Join Date
    Jan 2006
    Location
    Near Atlanta, GA.
    Posts
    14,531
    the majority of large businesses are still pulling increasing profits.
    I don't think so Tim...

  3. #3
    Join Date
    Dec 2005
    Location
    California/Nevada
    Posts
    3,640
    according to KROQ news, California,

    OPEC announced today that they will be cutting gas production.

    ...which leads to higher demand, and stops the price from dropping

  4. #4
    Join Date
    Jan 2006
    Location
    Near Atlanta, GA.
    Posts
    14,531
    Quote Originally Posted by wolfstrike View Post
    according to KROQ news, California,

    OPEC announced today that they will be cutting gas production.

    ...which leads to higher demand, and stops the price from dropping
    A few industries are up, yes. Many are down. Auto makers having the worst sales in 15 years. GM and Chrysler possibly merging, how crazy is that!

    Most retailers down, the low priced stores like WalMart excepting.

    People have been so battered with gloom and doom from the media and politicians, they aren't spending money.

  5. #5
    Join Date
    May 2000
    Location
    Urbandale IA. USA
    Posts
    4,934
    Thanks to the liberals for causing it.

    Thanks to the conservatives for allowing it...

    Those who dance, appear insane to those who do not hear the music.
    Those who believe, appear ignorant to those who do not know God.

  6. #6
    Join Date
    Jan 2004
    Location
    Burleson, Texas
    Posts
    1,741
    Quote Originally Posted by k_fridge View Post

    People have been so battered with gloom and doom from the media and politicians, they aren't spending money.


    IMO, that is the problem....and they will talk us into a recession..

  7. #7
    Join Date
    Jan 2006
    Location
    Near Atlanta, GA.
    Posts
    14,531
    Quote Originally Posted by andserco View Post
    IMO, that is the problem....and they will talk us into a recession..
    Yup, happened when Clinton ran against Bush 41 too.

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