U.S. Treasury Secretary Henry Paulson states unfolding housing crisis presents a significant risk to the economy; the steepest housing slump in 16 years
Middle Class squeezed tighter!
Slowing economy-tighter job market
MSNBC: Dow continues rally, closes up more than 123
US spending more of incomes on homes
AP: Dow Reaches All-Time High…
Trade deficit at an all-time high
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Harvard Ending Early Admissions University Says Practice Favors Wealthy Students Over Minorities, Poor
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The Economy July/August
"Gov. still only counts those collecting unemployment checks as being unemployed"
Sales of previously owned homes plunged in July to the lowest level in 2 1/2 years
U.S. debt: Soaring medical bills squeeze families
Ford slashes production
Consumer sentiment falls steeply
Experts warn of Trade Dangers
July unemployment rates rise in most US states
New Orleans: 190,000 workers gone over the past year
President Bush declares:
"the foundation of our economy is strong"
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Bill Clinton
"By lifting the weakest, poorest among us, we lift the rest of us as well."
Senator Mary Landrieu (D)
“A penny saved is not a penny earned if at the end of the day you still owe a quarter.”
John F Kennedy
"We believe that if men have the talent to invent new machines that put men out of work, they have the talent to put those men back to work."
Mo Udall
"For those of you who don't understand Reaganomics, it's based on the principle that the rich and the poor will get the same amount of ice. In Reaganomics, however, the poor get all of theirs in winter".
John F. Kerry
“Every American family has to live within their means. Their government should, too.”
Al Sharpton
"George Bush giving tax cuts is like Jim Jones giving Kool-Aid. It tastes good but it'll kill you."
Joseph Addison
“The man who will live above his present circumstances, is in great danger of soon living beneath them; or as the Italian proverb says, "The man that lives by hope, will die by despair."
Confucius
“He who will not economize will have to agonize.”
Eric Gelman
“Sharks have been swimming the oceans unchallenged for thousands of years; chances are, the species that roams corporate waters will prove just as hardy.“ |