Anthony, You really don't believe this crap do you? If you think the Chinese and Indians are going to buy American goods you need help. Most of these folks are broker than we are. What America needs to do is end outsourcing and tariff cheap imports thus bringing back the 20-30 million jobs that were lost. All this is ...more

Massive fraud is everywhere. The U.K. is the center of fraud for the world. Unfortunately, HP is going the way of the Dodo bird. That being said, this is just another example of the impending collapse of the economy, when economies are in collapse, fraud becomes rampant and in the coming months you will see many other ...more

This is a fools rally, one last gasp in the hope that it may spur  better Christmas sales. John Williams' Shadow Stats puts unemployment (using today's gov. data and gov. methodology from 1990) at 23% Inflation using same stats is now running at 9%. Anybody who thinks this is going to end well for investors is out of t...more

The simple fact about Hostess is that it was a terribly run company. This was the 2nd time they filed for bankruptcy in the past couple of years. I find it amazing that every time a union company goes out of business it's the unions fault. I guess that union janitor on third shift is making the decision that will destr...more

As a small business owner I can tell you the #1 expense in business is labor. There is no way we (America) can compete with $1.00 an hour wages. To protect jobs and standards of living we MUST tariff these cheap imported goods, if it costs the multi-nationals more to manufacture overseas they will rush back to the U.S....more

Sadly, it made no difference who won the election. Republicans AND Democrats sold out America and the middle class decades ago. What we have today is the merger of state and corporate power, which by definition is Fascism. Wall St. owns Washington. Bernanke's zero percent  interest rate fiasco (to fight deflation) has ...more

Pops,   You are mistaken when you call Obama a Socialist, it is in fact quite the opposite, what we have in America today is the merger of state and corporate power which by definition is Fascism.

The ONLY answer is to end outsourcing and tariff cheap imports produced with slave labor. Unfortunately, neither political party will address this as it would cut into their benefactors profits. America lost 10-20 million good paying manufacturing jobs because of this. With population growth we are losing about 30,000 ...more

Thetan,   While its true some individuals caused themselves credit problems, I feel BOTH the Democrats and Republicans sold out the middle class and America. Free trade wasn't free. The loss of 10-20 million manufacturing jobs to outsourcing has killed the economy, yet you don't hear any politicians talk about this l...more