Thursday, October 14, 2010

Recovery: Looking Like A Great Depression

[Most Recent Quotes from]

In Atlanta, the Bank of America tower, the tallest in the Southeast, is nearly a fifth vacant, and bank officials just wrestled a rent cut from the developer. In Cherry Hill, N.J., 10 percent of the houses on the market are so-called short sales, in which sellers ask for less than they owe lenders. And in Arizona, in sun-blasted desert subdivisions, owners speak of hours cut, jobs lost and meals at soup kitchens.
Less than a month before November elections, the United States is mired in a grim New Normal that could last for years. That has policy makers, particularly the Federal Reserve, considering a range of ever more extreme measures, as noted in the minutes of its last meeting, released Tuesday. Call it recession or recovery, for tens of millions of Americans, there’s little difference.
Born of a record financial collapse, this recession has been more severe than any since the Great Depression and has left an enormous oversupply of houses and office buildings and crippling debt. The decision last week by leading mortgage lenders to freeze foreclosures, and calls for a national moratorium, could cast a long shadow of uncertainty over banks and the housing market. Put simply, the national economy has fallen so far that it could take years to climb back.


  1. North America,U.S.OF SHIT.A
    You are the fucking poorest country the modern world has ever seen.
    Afghanistan ain't got nothing on you when it comes to "DEPT POOR"Big spend and no fucking idea of "DEPT"At least Afghanistan has an export,Fuck if it's legal,It's still an export.
    Afghans say"Fuck you,I have the "UNITED STATES MILITARY"Protecting my "POPPY FIELDS"
    WE have a commodity that you stupid western cunts love to consume.
    Get high "BABY"

  2. American troops are fighting for 'americas freedom.
    The drug business for some reason always get good when the CIA and military arrive to gight for freedom of trade.
    The US military is not in the business and does not protect other ,towel headed peoples ,poppy fields. ;)

  3. 9:50 You are living in a complete fantasy world,Enjoy it, Because when you wake up,From your mega slumber and smell the coffee,The U.S.A will be no more. Just like the break up of the U.S.S.R.
    The soviet union did not survive by design and neither will America.
    What you need to understand is that,It's all well planned out and engineered.

    Concieved,Orchestrated,And implemented!!.


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