Sep 16, 2008

Extraction from America people who talk about US Economic

I agree with one of the forum said .


Extract from the forumer...
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American companies like MacDonalds and Bank of America gets sued on
daily basis by americans. American companies like Walmart gets sued by
americans on an hourly basis. Feel free to go to any local court house
in your city, and see for youselves. When the judge, jury, and the
american public feel so justified and so righteous to sue and win
judegements from american companies for whatever reason. This is called
financial "gang rape" of American companies. American companies are
leaving America like they are on fire. I have traveled to 11 foreign
countries, and no one cannabilize their own companies like Americans.
You have done it to yourselves.





We have been living large since the mid 90's. It is a complete joke to
blame this on the President when Wall Street was corrupt, people bit
off more than they could chew, everyone had to buy a bigger house, new
car, new TV, etc., and now we are crying because our jobs are going to
countries who are becoming better educated, and are not as greedy, and
don't believe everything is owed to them. It is funny how everyone from
Wall Street to suburban America is hurting and we go and blame the
White House. If everyone saved 30% of what they made (like they do in
many other countries) and stop living from paycheck to paycheck, we
wouldn't be having this problem. The sky isn't falling, there are still
many smart banks like Wells Fargo that got it right and didn't hand out
money to every waitress who wanted an million dollar home.

This is a turn around in the market which was a long time coming. I
hate to break it to all of the McCain and Bush haters out there, but we
are in a global economy and Clinton put us on that bandwagon.

Stop blaming others for your problems and start saving as much money
as you make. Obama is not going to turn this around through his
redistribution of wealth theory. Americans have to stop living in the
past and understand that we don't deserve to make more than everyone
else in the world. We need to be competitive and that means sacrifice
and discipline.
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Will we going to see a turnaround happen in US and later around the world ?



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