profits are up,but not wages.

[yorgatron]

http://moneycentral.msn.com/content/invest/extra/p126956.asp?GT1=6821 :grr::mad:

[wli]

1. the economy's not booming, it's crashing n/t

[jbnow]

2. Article says

"A boom in corporate profits has not yet created a job market that makes workers feel secure, economists say. Hiring hasn't skyrocketed. Worse, wages are stagnant."

May I say Duh. Hasn't yet? Will it? Stock price goes up every time there is lay offs, all jobs that can be is shipped over seas, they are sticking it to the unions. It isn't about Americans, just about corporations.

As poster above noted it is in fact crashing. Happy little economist they quoted seems dumber then me and I know little about economics. An overseas friend alerted me to issues with the oil dollar just as Iran was going to make the switch (and told me to look for a war) and how much our economy depended on foreign investment. Then I watched this faux president do all he could to destroy our economy and make enemies around the world. Recipe for disaster.

[cascadiance]

3. The new constitution reads...

"We the Corporations of the United States of America..." It will become official starting with Bush's third term as president (if we allow him and the neocons to put in place their plans to do this!)

[teryang]

4. War is a measure by the corporate rich to conceal the inequity

...in our political, economic, and legal sytems. In fact, the corporatists have used the war to roll back all the legislation in the 20th Century meant to curtail the excesses which led to the great depression. The middle class has taken a huge beating, is zipping up its wallets, and trying to get out of dodge before the collapse.

American markets are imploding. There is no production. American wages have been in a steady decline since the 70s. Inflation is raging and unemployment is huge. Government economic statistics are complete fiction. The buying spree of homes and cars financed with "easy credit" is just about over.

[B Calm]

5. Trickle Down Economics = Golden Shower