Obama, top foe clash as US debt talks flare up

By Olivier Knox
07-13-2011

Bush To Obama, Next a Depression

President Barack Obama clashed sharply with a top Republican foe as tense talks to avert a ruinous early August US debt default flared up amid grim warnings about the global consequences.

US central bank chief Ben Bernanke said a default would plunge the economy into “major crisis,” while ratings agency Moody’s warned the United States may lose its sterling triple-A debt rating on rising risks of a short-term default.

Default would “throw shockwaves through the entire global financial system,” and risk sending the fragile US economy into a new recession, the US Federal Reserve chairman told a key congressional committee.

Has this Country gone Brain Dead or just GREEDY

By Bob L.

Where Have America’s Jobs Gone?

What can we say other than this Country has gotten so greedy that pocket-book is more Important than JOBS.

What CEO, Board of Directors, or Company Owner has looked at their bottom line and see that their Business is slowly losing MONEY, IS any one out there smart enough to know why, if you know, then you are one of the few, and you are Educated on the Street not in College, and who goes to College, YUPPIES who want every thing and they don’t care what it cost, well look at where we are today because of money is no object.

GOING BANKRUPT, and no jobs to bail us OUT

They say if you want a good go to College and you will get a good job, well that might be true, but does that mean that mean that you know what to do when you get a job, if that was true then why is this Country going broke, Greed is the problem, they would rather line their pockets then keep people working.

IF NO ONE WORKS, NO ONE BUYS, NO ONE SPENDS MONEY, then what happens, PRICES GO UP, JOBS GO DOWN,WHY,GREED.

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By Justin Lahart and James R. Hagerty
By WSJ staff
Tuesday, July 12, 2011

Hiring at McDonald’s; Wireless Networks’ Job-Killing Effect; One Machine Doing The Work of Three

There are many reasons U.S. companies give for their lack of robust hiring—from weak consumer spending to uncertainty over the direction of government policies on debt and spending.

But a closer look at hiring