Dude, You do of course realize that there wouldn't be any jobs in China if our politicians didn't set up trade deals. And that came from both sides of the aisle.

I know it's vogue right now to blame everything on the "haves" but behind everything we love to blame on the rich there is a politician who set up the tax breaks, the trade deals, etc. Now of course immediately after I post this someone is going to start spouting about the GOP. Well it's all of them! The DNC just have people convinced that they are on their side. They are on their own side and that is to stay in office just like every other politician. Instead of marching on the banks we should be marching on Washington.

"All eyes on September jobs report" they say. Hey folks, it is October now. Investing based on news is like driving while looking at the rearview mirror.

Everyday there are good news and there are bad news. Media chooses the headline based on how the stock market reacts. Earnings does not drive the stocks. Good earnings appear at the top. Earnings decline AFTER the market declines. Here is the chart of earnings versus stock prices:

www.tradingstocks.net/html/earnings_does_not_drive_stocks.html

Stocks move first because social mood is first reflected in stocks since it is easy to buy/sell. After that comes the economic effects when people make the harder decision such as hiring / firing.

Thanks for the truth. Now - why was any reply blocked to the comment from John that the politicians have enabled all of this? The politicians were bought by the big financial interests, and we voted for them, because we either had no better choices, or, what is worse, believed the lies perpetrated by those financial interests.

redirecting the attention to the Communists. Typical dumb slave mentality.

this is modern slavery. they have succeeded. the average Americans are dumb as horse@!$%#.

How about telling us what time and what day is Congress going to force corporations like GE to start paying their fair share of taxes! Or the time and date when Congress is going to force American corporations to bring their headquarters back to America! Or the time and date Congress is going to force corporations to use US banks instead of swiss banks......We could give a rat's colon what time Ben Bernanke is going to lie to us again and again.......

JoeMoe,

"Investing based on news is like driving while looking at the rearview mirror."

It must be nice to have excess money to invest! Most of us don't.

There is no reason why "most of us don't" other than not saving from day one instead of spending every penny you got. Don't you get tired of looking for someone else to blame for your shortcomings? I can understand if your parents didn't push you to study and work hard. But "most of us" had parents that understood, sometimes through mistakes they made in their own lives, that if you want better than gvernment welfare, you had to put in the time and work to get it. I know there are some who have no control over their plight due to a family illness or some bad luck, but "most of us" do not have that excuse.

To John 1282964, from the polls (and still increasing), it looks like the Republicans & Democrats (middle class that is) are finally agreeing on something, TAXING THE SUPER RICH. The middle class from both parties have been paying for the tax breaks of the super rich (even though the super rich have 90% of the money) and the middle class is slowly heading to the poorhouse because of this. There is power in numbers, if the poor are about 15% and the super rich about 15% that leaves about 70% for the middle class, as the largest class and they can help direct the economy in the right direction. TAX THE SUPER RICH.

I for one love being in the poor house. I hope i never leave.

John-128,

RE: your post #1.1

And John, have you ever heard of SPECIAL INTEREST buying politicians to legislate exactly what their groups want? And as far as trade deals with China, we have been trading with China and many other nations for as long as our history in the U.S. has existed. The fact that goods and services can be, and are, produced at a much lower cost has a lot to due with our negative trade balances. This is true with not only China but with many other developing countires. This is just a fact of economics! Do I like this situation? NO, but we must find a way to compete or 'throw in the towel' and capitulate our position as the world's economic leader

NAFTA opened the door wideopen, for job/business exporting, but noone considered the long range effects, which we are experiencing. We need to back off NAFTA somewhat, to protect ourselves. Other countries are doing this. Corruption here is slowing re-negotiation of NAFTEA, and we all know who that is. Please vote for the homeland (without sounding extreme nationalistic), and stop the bleeding of American jobs. Buy America/Local, and vote damnit ! And never stop voting, for your family, community, and your country.

Nor will Wall St stabilize, this company DOW IND works on commission only so market makers force the market up & down so all the commission earning sales yesterday are now earning commissions buying the same shares they sold yesterday to earn a commission.

Sounds like a multi level marketing scam.

John,

Those trade deals would not have been set up if the greedy, selfish pigs on Wall Street didn't push for it.

Scambolo, the fact is that the US openly trades with other countries but other countries don't openly trade with the US. If we put reciprocal trade restrictions on other countries that are put on the US, there would be an international outrage.

Want some examples? How about how the Chinese tie their currency to ours to gain a trade advantage? How about when we had one case of mad cow in a hiefer that was raised in Canada every beef importer in Asia started blocking US beef imports? Ever hear about the "banana trade wars" we had with Europe when Europe let US owned banana imports rot on the docks?

It isn't just about trade restrictions either or wages either. We'll put restrictions on investments in this country, usually with good intentions, while other countries do not have them. Like how we shut down the central valley in CA over a minnow without even looking for an alternative to stopping 70 years of irrigation? How about the restrictions on aqua farming here and how 80% or more of the frozen fish and shrimp in the stores here is from Asia. Yep, I like the idea of eating fish from a river that is an open sewer in Cambodia or pumped full of antibiotics in unregulated mega fish farms. The list goes on and on.

Horseperson, you just keep thinking that Wall Street is the source of every problem out there! You might wake up one day!

Jeff, there are jobs out there, it's just that for every one job there is like a hundred applicants and employers can be very picky. It's an employer's market, shall we say, and they are going to pick the best of the best and the other 99 will still be looking! Go to Monster. com and put in your zip code. You'll find jobs but a lot of them say "must have experience or a bs or associates degree" and there are a lot of people out there that don't have that criteria! Don't listen to the party of "doom and gloom" they are just trying to make things look worse than they really are so they can say President Obama didn't do anything! Actually, it's the higher ups and our own fault we are in the mess we are in. Employers got greedy, and so did the workers demanding more and more and being backed up by their unions. Don't get me wrong, I am all for unions because employees need protecting against unscrupulous employers who get rid of employees for virtually no reason, but there are some unions who go to extremes in their demands and they give unions a bad name! And then, when times were good, we bought out the stores on our new credit cards! And then, at the end of 2008, the "bubble burst" (partly because of trade agreements, partly because of our greed, which caused companies to move elsewheres where their employees would accept lower wages) and suddenly the greediest industries, like the auto industry, thanks to greedy CEOs and unions, the banking industry, thanks to greedy CEOs and sub-prime mortgages, and the housing industry, thanks to greedy construction companies, greedy realators and sub-prime mortgages went bust and many were suddenly unemployed and had to go on welfare/unemployment for the 1st time in their lives. They lost their overpriced houses in record numbers too and couldn't afford to buy those overpriced, gas guzzling cars anymore, which stopped the auto industry dead in their tracks!

And of course, all this was timed to happen just as President Obama was taking office! He did his damndest to try and improve things in the auto, banking and housing market. He even went one further and tried to help healthcare be more competitive and lower priced so more people could afford it and our premiums would come down but was met with violent opposition from the greedy, corrupt Repugnicons from the getgo because everyone knows they are in the oil and insurance corps pockets!

They have been fighting him tooth and nail to protect their rich buddies at our expense! And they won't even budge, have everything at a standstill and then try to point the finger at Obama and say "he's not doing anything"! How dumb do they think we are? We won't be fooled again! Round up all those extremist teabaggers, put them on a cruise ship and sink it in Boston Harbor! And congress can join them! So, if you don't think there's any jobs Jeff, don't blame the President, blame the party on "no"! . . . Obama/Biden 2012

Sharong - Yes, there are jobs out there, but the good American ones are in China. The farming out of Tech jobs, for example, started out well before the Bush admin, although it picked up more with Bush. The original blame is the legality of the Wealthy Big Biz merchants to increase their profits. They can't blame Obama. The fault lies with the Republican congress.

Will any Congress try to ban merchants to send their jobs overseas?

Force our public owned corporations to pay our minimum wages wherever they go. This would bring back jobs and show a little regard for workers.

Make all home buyer loans direct for a small interest. This would reduce notes by half or more and leave trillions in the hands of our people instead of thieving banks. Why should any one pay a bank 600k for a 200k house when the tax payer backs the loan.

Our big banks with trillions in assets have been getting billions in 0% loans to play the market. The lowlifes have been driving up the price of gas and food by manipulating the commodities market. Nothing is done to stop them.

There are many things that could be done to slow our decline; But, they will not be done because our government is owned. Banks, wall street and big corporations run America and they are destroying our country.

Our middle class is declining, poverty is growing and the top few take more and more. This is a certain formula for depression and chaos.

Our politicians want to tell us: "Sorry folks but we must make cuts on the middle and working class. We have no choices." They are shameless liars! There are many things that could be done to improve life for our hurting people. These prostitutes have joined the pigs that are destroying America.

Thank God for the young protesters in New York. We need to follow them into the street by the millions. This may be our only hope to save ourselves from disaster. The greedy are united, they love slave labor and they know exactly what they want. "EVERYTHING"

I'd like to see the protesters in NYC take their grandparents to the protests - 401ks took such a huge hit, and threats to cut Social Security and Medicare continue to be thrown around - all those Baby Boomers need to retire and free up some jobs, but they probably won't be able to afford to retire at this rate.

Why don't you two get off your butts and go there yourselves. The protesters in NY are a joke to most of us. When I was that age, I was too busy doing what it took to work, any kinda work, to better my plight. That has paid off. That is not something that is out of the reach of most people.

Look you ignorant people the recession never ended. It is still going strong.

Jeffrey, you need to look up the definition of a recession, which as the word root from which the economic term is derived, signals a decline in the size of our economy, typically over the course of 2 or more quarters.

The recession did end back in 2009. Our economy has been growing ever since, just not enough. That condition does not equate to a recession, but to a stagnant economy.

It's funny how greed is thrown around today.

The same whiners talking non-stop about greed are the same folks who want to earn $30 an hour as a clerk at Target.

Acting in one's self interest is how America got started. We've melded compassion to some degree into our society and our government, but when things get tight, our real character is exposed.

So the real questions are why do you want someone else's money, why don't you go back to school or whatever it takes to do what you want to do in order to earn what you want, and why are you whining when you live in the nation with more opportunity than any other on earth?

To Paul F, I don't want federal, state, city gov't. handouts or even handouts from the rich. I’m working for a LIVING WAGE to support my family, not a minimum wage, for the work I do to help make the business and the owner rich.

Lanikoni you are nothing but a worthless troll. So you have a job now? You feel like you've got the right to disparage everyone else around you? Call them lazy, tell them its their fault?? Is it their fault they can't even get a job they qualify for, are willing to and able to work for, just because there are simply more people then jobs???

You hold on to your position REAL tight, because its going to hurt extra bad when the axe comes for your neck. Investments? 401k? Nothing a good scandal can't wipe out. But Hey, you're smarter then everyone else right? That could NEVER happen to you. Here's to hoping!

Cir, I not only have a job I employ others. I own and operate a union construction company. Those like yourself will whine all day long about those that are more fortunate than you just because they are. Doesn't matter if they worked their butts off to get it. As for an axe coming for my neck, good luck with that.

Don't forget the White House where the head of GE likes to hang with the Prez.

Or the Supreme Court, that is where most of the stupidity is getting started, now and days.

Michael, you cannot be serious. Between our con-man President and the paid-for Congress you think "most" of the stupidity is with the Supreme Court?

I have about $15 trillion reasons that say you are wrong.

I haven't seen any war here yet?

You will and soon!

On it's face, the notion of a civil war in America is ridiculous. Except when you take into account the current political landscape. Look at what happened in WI over the issue of public employees. There were mass demonstrations and recall elections as a result.

Multiply that by 50 and add in all of the other, more important and divisive issues we face as a country and that notion becomes less ridiculous. I don't see the economy improving over the next 12 months to the point where it won't be the main issue next November. The political gamesmanship will also continue especially if the sharks smell blood in the water.

What would happen if union folks attacked people attending a TP rally (calm down, it's just an example). Would things escalate from there? How many different video's would we see on-line and on the news? How would our politicians react and what would they say?

We're American's and at times have come together, Pearl Harbor, 9/11, even for a minute after OBL was killed. But, a lot of people had to die before that happened, and such would have to be the case in my example for the politicians and then the rest of us to realize that the words, posts and engineered election season issues have consequences. It's a frightening notion, but unfortunately not out of the question.

You are partially correct roy. Revolution is how many nations ended up living under communism. The people thought everything would change for the better once they sacked those that were better off than themselves. Unfortunately, the only thing that changed was the leaders of those revolutions along with their chosen elite took the place of those they conquered and the people still suffered. Be carefull what you ask for.

So because unemployment is 9% instead of 5% we are going to have a civil war?

You guys watch too much tv and play too many video games.

Civil war. The college morons have been demonstrating on Wall St for two weeks, TWO WEEKS, and they can't gather a big enough crowd for a decent media pic. These dimwits need to be in DC, but instead show their lack of understanding and depth by protesting (ok, they are camping) Wall St. Unbelievable.

No Paul - Because unemployment is at 23% instead of the reported 9% we are in for some serious stuff soon

Gov. Walker of Wisconsin is currently embroiled in a political scandal where many of his aides and advisors are being asked to testify infront of a FBI John Doe investigation.

If you would like to know more check out the Wisconsin State Journal front page from this morning.

He is so recalled.Can't wait until the election for him to be gone.

Sharong just so you know I do not work for other people. I am a gambler and I am doing just fine. I have not had paycheck since 2006. I do not pay any taxes either. I have worked for free most of my life. I do things I enjoy doing. I refuse to work doing something I do not like. I hate working for other people. Currently i am working on a lottery sysytem. I have also been fired from every job that I have ever had when i did work for other people.

So you are one of the 51% of this country's citizens that pay no taxes. Been fired from every job you ever had? Well Jeff, you should be thanking those of us that have carried your butt along with many more like you all of these years.

Sharon, you really are uninformed. You could tax the rich at double the rate they are currently taxed, and I for one think that the top 1% earning 20% of the income and paying 40% of the income tax is probably pretty fair, but you could double their taxable income rate and you still wouldn't dent the overspending that has gone on in DC.

Has Obama even tried to fix the economy, the deficit spending? No, he has increased debt, spending, and has favored teachers, unions, and government workers, leaving 70% of taxpayers to fend for themselves and pay for his priorities.

Sorry, the state of education has sucked for 30 years, no matter how much we spend, it's never enough. Government is by in large an utter failure. They have waged war (Obama is building a secret (haha) drone base in Africa right now as an example), wasted TRILLIONS to fight poverty only to have the largest number of Americans below the poverty line in decades, and the largest number of folks STILL on foodstamps.

Now if Obama the dimwit had run on that platform, that you would see 9%+ unemployment 3 years into his term, and record poverty, do you really think he would have been elected?

The guy is a complete failure all on his own. As are the liberal ideas of more money for more government and education at all costs.

Sharon, the taxpayers are out of money. No teachers would have lost their jobs had Unions step up and implemented wage, benefit and pension cuts for all the Teachers so no head count reduction would be needed. Its called shared sacrifice and the Unions are not doing that. You ask how do I know the Unions are not sacrificing? Because my household income has dropped 60% each of the past 4 years and my property tax has increased $1200 during that time frame with a majority of it going towards the local school district to cover the wage and pension increases of the Teaching Staff. How nice of the local teachers Union to dip into my wallet for more and the real kicker is we have no kids, never will and pay more than our neighbors who have the kids.

"America is over, the dream is gone."

One can not live in a "dream state" without repercussions in the real world.

I agree with you these corrupt politicians should be held accountable for their treasonous acts against the American people. But take heart their are American products out there. You have to look for them and be prepared to pay more but from my experience the quality is much better. My dishes pots and pans clothes furniture and food came from America producers.I avoid Chinese electronics and instead look for electronics from democratic countries such as Mexico and Vietnam. In addition I buy products from European countries such as wine or cheese or sometimes clothing. I no longer buy anything from any Muslim dominated country. The best way is to read the labels and search the Internet for American made products when you have to buy something. I also research companies before I buy to find out who owns them. The more we support each other the better our lives will become.

I take it you have not been listening to the Repuklicons running for President who are talking about doing the same things you just complained about...

Republican scum! The revolution that the teabuggers have brought on is coming and has turned against them. N Y is just the beginning of getting rid of corporate and republican greed. Getting out the Guillotine to see if it works?

This incoherent rant coming from a Moochelle Antoinette supporter. Comical.

"Obama Lies" cant even spell. Sad so Sad. I remember when Republicans were a fairly bright group.

Thanks for your important contribution.

Who's the one lying now? Oh that would be you asswipe.

More left intellect on display. Mommy leave the computer on?

Right on Gloria.

Why do I have the impression that you're a redhead?

No mike I'm a Brunette.However I am Italian, with the temper to go along with it!

I stand corrected, and get a kick out of reading your posts.

Ok Gloria, here is something else I read a few years ago by A. Ralph Epperson. I think the title of the book is the Unseen Hand; there is a chapter that talked about the Roaring Twenties and the Great Depression that followed. He indicated that the bank runs and sell-offs in the stock market were engineered, not random events. Easy credit and lots of paper money flooding the market during the Twenties and suddenly loans being called in all at once which contributed to the sell-off and subsequent crash in October of '29. Pretty strange story if you ask me.

Remember a TV series called Rubicon that ran earlier this year? Why was it suddenly canceled without any notice? As far as I know the season didn't end; there were a few re-runs shown on AMC but that was it.

Smedley Butler was a former Marine Major General who commented that "war is a racket", etc. I'm an amateur history geek, and it seems to me that history keeps repeating itself.

Frank don't agree with forcing them to pay these people minimum wage I think we should force them to either bring those jobs home for Americans or not allow them to sell their cheap and sometimes toxic products in the US.

Frank Morton-2536216, If the United Nations would require all member nations to pay a Living Wage, based on their local economy, this would even out the trading field for all countries and get rid of slave labor, which is used to make cheaper products.

Have been for three years. The powers that be thought that if they kept telling the same lie over and over it would eventually come true.

wiki....."Mainstream sources have described Jones as a conservative and as a right wing conspiracy theorist. Jones sees himself as a libertarian... Alex Jones has been the center of many controversies....accused the US government of being involved in the Oklahoma City bombing, and the 9-11 attack.".... So now he is calling for occupation of the Fed - well, isn't that special.

Alex has also caught the Government in some bad stuff and got it stopped. I would rather him go a little overboard and protect us than not at all.