Comments on: For the U.S. Economy in the New Year, the Pain Will Precede the Promise http://moneymorning.com/2008/12/29/recession/ Global Investment News Mon, 13 Feb 2012 18:41:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Martin S. http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4457 Martin S. Sun, 04 Jan 2009 16:42:56 +0000 http://www.moneymorning.com/?p=3140#comment-4457 Conservative economics is not an experiment but has been proven to have produced a very positive economy over the years driving the American standard of living to higher levels. It has not failed; those who were elected to put it into practice have failed and as a result of their failiure, were swept out of office. Conservative economics is not an experiment but has been proven to have produced a very positive economy over the years driving the American standard of living to higher levels. It has not failed; those who were elected to put it into practice have failed and as a result of their failiure, were swept out of office.

]]> By: Jutia Group - Market Jitters & Political Critters http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4452 Jutia Group - Market Jitters & Political Critters Mon, 29 Dec 2008 22:47:53 +0000 http://www.moneymorning.com/?p=3140#comment-4452 [...] Shah Gilani Money Morning addthis_pub = 'jutiagroup'; addthis_logo = 'http://www.jutiagroup.com/favicon.ico'; addthis_brand [...] [...] Shah Gilani Money Morning addthis_pub = 'jutiagroup'; addthis_logo = 'http://www.jutiagroup.com/favicon.ico'; addthis_brand [...]

]]> By: rob http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4456 rob Mon, 29 Dec 2008 16:02:20 +0000 http://www.moneymorning.com/?p=3140#comment-4456 How old is this article? Of course we're in a recession, that was established long ago. We need up-to-date articles. How old is this article? Of course we're in a recession, that was established long ago. We need up-to-date articles.

]]> By: Hot Stocks: Fast Food Restaurateur Yum! Brands Making China its Main Course | cnwins http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4455 Hot Stocks: Fast Food Restaurateur Yum! Brands Making China its Main Course | cnwins Thu, 25 Dec 2008 08:39:11 +0000 http://www.moneymorning.com/?p=3140#comment-4455 [...] everyone else, 2009 won’t be just “another year.” Nearly every economist expects the first half of the New Year to bring more of the same, a deepening global financial crisis that’ll throw an even bigger, wetter blanket on economic [...] [...] everyone else, 2009 won't be just "another year." Nearly every economist expects the first half of the New Year to bring more of the same, a deepening global financial crisis that'll throw an even bigger, wetter blanket on economic [...]

]]> By: Five Ways to Play Gold’s Rebound to $1,500 an Ounce http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4454 Five Ways to Play Gold’s Rebound to $1,500 an Ounce Wed, 24 Dec 2008 08:30:49 +0000 http://www.moneymorning.com/?p=3140#comment-4454 [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...] [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4453 Jutia Group - Market Jitters & Political Critters Mon, 22 Dec 2008 15:49:57 +0000 http://www.moneymorning.com/?p=3140#comment-4453 [...] everyone else, 2009 won’t be just “another year.” Nearly every economist expects the first half of the New Year to bring more of the same, a deepening global financial crisis that’ll throw an even bigger, wetter blanket on economic [...] [...] everyone else, 2009 won’t be just “another year.” Nearly every economist expects the first half of the New Year to bring more of the same, a deepening global financial crisis that’ll throw an even bigger, wetter blanket on economic [...]

]]> By: Hot Stocks: Fast Food Restaurateur Yum! Brands Making China its Main Course http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4451 Hot Stocks: Fast Food Restaurateur Yum! Brands Making China its Main Course Mon, 22 Dec 2008 09:31:51 +0000 http://www.moneymorning.com/?p=3140#comment-4451 [...] everyone else, 2009 won’t be just “another year.” Nearly every economist expects the first half of the New Year to bring more of the same, a deepening global financial crisis that’ll throw an even bigger, wetter blanket on economic [...] [...] everyone else, 2009 won’t be just “another year.” Nearly every economist expects the first half of the New Year to bring more of the same, a deepening global financial crisis that’ll throw an even bigger, wetter blanket on economic [...]

]]> By: The Five Keys to Value Investing Profits | Geiger Index - Keith Fitz-Gerald http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4450 The Five Keys to Value Investing Profits | Geiger Index - Keith Fitz-Gerald Thu, 18 Dec 2008 18:31:59 +0000 http://www.moneymorning.com/?p=3140#comment-4450 [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...] [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...]

]]> By: tm mellom http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4449 tm mellom Tue, 09 Dec 2008 23:51:15 +0000 http://www.moneymorning.com/?p=3140#comment-4449 Ok!!! Lets get to the Heart of this Mess and let Washington Know this. A. The Bank foreclosures are Destroying the American Dream by the banks giving the houses away to get them off their books. They then report the loss and go to their buddy's in Washington for Money Thrown Away. Oh lets give our Banker Buddies a nice Bounus for Christmas and they will Play Scrooge to the Companies Whom need working Capital but now they are not our Friends anymore. B. "New Mortgage Deal" that Needs to be Deployed to Save All of Us. One Mortgage Only!!!!! Period no Seconds and No Arms!!!!! No Equity Lines off the Home Just a Mortgage with Low interest. Next Part is for every Dollar Paid to the Lender Ten Cents Goes Towards the Principal Owed. Check out how fast the Home Loan is Paid it will Spin your Calculator off the Desk. The amortization Schedule is Obsolete and Needs to be Replaced as the Banks want all their Money up Front!!! So Do the Tax Payers of America Whom are Now Bailing Our Buddies the Bankers. The Golf Course Needs to Be a lot Emptier in 2009 as we Fix this Mess For Good. I Had Clients with Perfect Credit and $100,000.00 in Cash and had a hard time getting them financed on a $385,000.00 Home. Thank Goodness for Wells Fargo as They were smart Enough to do the Loan. Please instill a New Way With the Death of the Old out Dated Amortization that Needs to be Buried in the Past and Know the NewDeal System Will Work!!!!!!! All The Best and God Bless America Once Again!!!!! TM Ok!!! Lets get to the Heart of this Mess and let Washington Know this.
A. The Bank foreclosures are Destroying the American Dream
by the banks giving the houses away to get them off their
books. They then report the loss and go to their buddy's in
Washington for Money Thrown Away. Oh lets give our
Banker Buddies a nice Bounus for Christmas and they will
Play Scrooge to the Companies Whom need working
Capital but now they are not our Friends anymore.
B. "New Mortgage Deal" that Needs to be Deployed to Save
All of Us. One Mortgage Only!!!!! Period no Seconds and
No Arms!!!!! No Equity Lines off the Home Just a Mortgage
with Low interest. Next Part is for every Dollar Paid to the
Lender Ten Cents Goes Towards the Principal Owed.
Check out how fast the Home Loan is Paid it will Spin
your Calculator off the Desk.
The amortization Schedule is Obsolete and Needs to be
Replaced as the Banks want all their Money up Front!!!
So Do the Tax Payers of America Whom are Now Bailing
Our Buddies the Bankers. The Golf Course Needs to Be a
lot Emptier in 2009 as we Fix this Mess For Good.
I Had Clients with Perfect Credit and $100,000.00 in
Cash and had a hard time getting them financed on a
$385,000.00 Home. Thank Goodness for Wells Fargo as
They were smart Enough to do the Loan.

Please instill a New Way With the Death of the Old out Dated
Amortization that Needs to be Buried in the Past and Know the NewDeal System Will Work!!!!!!!
All The Best and God Bless America Once Again!!!!! TM

]]> By: November Unemployment Statistics to Highlight Economic Reports This Week http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4448 November Unemployment Statistics to Highlight Economic Reports This Week Mon, 01 Dec 2008 20:57:42 +0000 http://www.moneymorning.com/?p=3140#comment-4448 [...] Money Morning Economic Outlook 2009 Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...] [...] Money Morning Economic Outlook 2009 Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...]

]]> By: Gold is Experiencing Record Demand: So Why Have Prices Fallen? http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4447 Gold is Experiencing Record Demand: So Why Have Prices Fallen? Fri, 21 Nov 2008 09:31:12 +0000 http://www.moneymorning.com/?p=3140#comment-4447 [...] far, we’ve published six installments, and have provided outlooks for the stock market, the overall economy, and even the housing market. Many more stories are to come. Next up: Look for our outlook for [...] [...] far, we’ve published six installments, and have provided outlooks for the stock market, the overall economy, and even the housing market. Many more stories are to come. Next up: Look for our outlook for [...]

]]> By: New Year U.S. Housing Market Forecast: No Gain, More Pain http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4446 New Year U.S. Housing Market Forecast: No Gain, More Pain Thu, 20 Nov 2008 09:31:19 +0000 http://www.moneymorning.com/?p=3140#comment-4446 [...] half the decrease occurred in the past three months alone, Money Morning reported in its “Outlook 2009” series economic forecast story. Even worse: A year ago, job cuts were concentrated in the [...] [...] half the decrease occurred in the past three months alone, Money Morning reported in its “Outlook 2009” series economic forecast story. Even worse: A year ago, job cuts were concentrated in the [...]

]]> By: The Five Financial Crisis “Aftershocks” Investors Can Play for Profit http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4434 The Five Financial Crisis “Aftershocks” Investors Can Play for Profit Tue, 18 Nov 2008 10:44:29 +0000 http://www.moneymorning.com/?p=3140#comment-4434 [...] for Gilani’s thought-provoking columns in Money Morning – including his just-published U.S. economic outlook that’s part of our new “Outlook 2009” New Year forecast [...] [...] for Gilani’s thought-provoking columns in Money Morning – including his just-published U.S. economic outlook that’s part of our new “Outlook 2009” New Year forecast [...]

]]> By: U.S. Automakers, Freddie Mac and Foreign Exporters Next in Line for Bailout Handouts http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4439 U.S. Automakers, Freddie Mac and Foreign Exporters Next in Line for Bailout Handouts Mon, 17 Nov 2008 14:43:57 +0000 http://www.moneymorning.com/?p=3140#comment-4439 [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...] [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...]

]]> By: If Japan Bounces Back in the New Year, Investors Will, Too http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4444 If Japan Bounces Back in the New Year, Investors Will, Too Fri, 14 Nov 2008 14:26:26 +0000 http://www.moneymorning.com/?p=3140#comment-4444 [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...] [...] Money Morning 2009 Economic Outlook Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...]

]]> By: Credit Crisis Safety Plays: Banking Ratings Report Can Provide Peace of Mind and Warn You if Your Bank is Weak http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4443 Credit Crisis Safety Plays: Banking Ratings Report Can Provide Peace of Mind and Warn You if Your Bank is Weak Fri, 14 Nov 2008 14:13:25 +0000 http://www.moneymorning.com/?p=3140#comment-4443 [...] new policies of President-elect Barack Obama. We’ve also published forecasts for the U.S. economy and for the stock market. Next week, look for two more key installments in that series: A 2009 [...] [...] new policies of President-elect Barack Obama. We’ve also published forecasts for the U.S. economy and for the stock market. Next week, look for two more key installments in that series: A 2009 [...]

]]> By: Market Milestones to Watch for in the Months to Come http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4445 Market Milestones to Watch for in the Months to Come Thu, 13 Nov 2008 14:14:14 +0000 http://www.moneymorning.com/?p=3140#comment-4445 [...] And with the U.S. government having injected roughly $3 trillion in bailout money into the financial markets, an inflationary environment may well be in our future. [...] [...] And with the U.S. government having injected roughly $3 trillion in bailout money into the financial markets, an inflationary environment may well be in our future. [...]

]]> By: Unprecedented Volatility Will Continue to Rock the Stock Market in Advance of a Possible Rebound in Mid-2009 http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4441 Unprecedented Volatility Will Continue to Rock the Stock Market in Advance of a Possible Rebound in Mid-2009 Wed, 12 Nov 2008 19:08:57 +0000 http://www.moneymorning.com/?p=3140#comment-4441 [...] Money Morning Outlook 2009 Economic Forecast Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...] [...] Money Morning Outlook 2009 Economic Forecast Series (Part II): For the U.S. Economy in the New Year, the Pain Will Precede the Promise. [...]

]]> By: Seinfeld http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4442 Seinfeld Wed, 12 Nov 2008 15:34:20 +0000 http://www.moneymorning.com/?p=3140#comment-4442 "If U.S. President-elect Barack Obama gets it right - and I have every reason to believe that he will" That's one big IF...! That's nice that you believe in Mr. Obama. But why do you have "every reason" to believe he will? Every reason means not only does monetary and legislative policy have to be perfectly coordinated with each other, but also with adverse global events, which are impossible to predict accurately. There are many ways even a very smart and capable administration could get it wrong. What, then, is the basis of your belief? No one wants to talk about the worse-case scenario, but wouldn't it be prudent to encourage people to plan for it, and advising them how to plan for it, than telling them not to worry, we'll all be rich again? "If U.S. President-elect Barack Obama gets it right – and I have every reason to believe that he will"

That's one big IF…! That's nice that you believe in Mr. Obama. But why do you have "every reason" to believe he will? Every reason means not only does monetary and legislative policy have to be perfectly coordinated with each other, but also with adverse global events, which are impossible to predict accurately. There are many ways even a very smart and capable administration could get it wrong. What, then, is the basis of your belief?

No one wants to talk about the worse-case scenario, but wouldn't it be prudent to encourage people to plan for it, and advising them how to plan for it, than telling them not to worry, we'll all be rich again?

]]> By: rob lowrrey http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4440 rob lowrrey Tue, 11 Nov 2008 18:24:02 +0000 http://www.moneymorning.com/?p=3140#comment-4440 ...."and if you’re reading this Mr. President-elect"... OMG, it is so exciting to think we'ere soon going to have a President that doesn't disparage people for reading, but actually even does so himself. Now THAT's an education President. I will not miss the bully-in-the-schoolyard mentality of the current WH occupant in the least. And to Joe Ko above, ...no we all didn't. But the tyranny of the majority quashes all dissent. …."and if you’re reading this Mr. President-elect"… OMG, it is so exciting to think we'ere soon going to have a President that doesn't disparage people for reading, but actually even does so himself. Now THAT's an education President. I will not miss the bully-in-the-schoolyard mentality of the current WH occupant in the least.

And to Joe Ko above, …no we all didn't. But the tyranny of the majority quashes all dissent.

]]> By: Joe Ko http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4438 Joe Ko Tue, 11 Nov 2008 04:32:39 +0000 http://www.moneymorning.com/?p=3140#comment-4438 I've been a long time reader of Money Morning... and never put my 2 cents worth in... but I have to say, in the circle I run in, "everyone is broke...broke...broke" and I live in an affluent neighborhood! I just don't see how we can have inflation when no-one, I mean no-one has a dollar to buy these "inflated goods" with. And now, no job, no savings, and a 401k that went to a 201k that went to a 101k! I do agree with the previous writer; unlike the 1929 & 1980 economic upheaval, we had great companies & manufacturing here in the good ol US of A. All gone... and it seems all we do now, is invent stuff (then build it overseas) or we are in the "service industry". As I see it, there is only so much "servicing that can be done" and not everyone is cut out to be an "engineer/designer". I see a huge drop in QOL (quality of life) for "most" Americans. As they have bought into (heck, we all did) the idea of "leverage" whether it be; cars, houses, plasma TVs, or vacations. Now some 20 years later we are all being told; bad idea! Sorry... I've been a long time reader of Money Morning… and never put my 2 cents worth in… but I have to say, in the circle I run in, "everyone is broke…broke…broke" and I live in an affluent neighborhood! I just don't see how we can have inflation when no-one, I mean no-one has a dollar to buy these "inflated goods" with. And now, no job, no savings, and a 401k that went to a 201k that went to a 101k!

I do agree with the previous writer; unlike the 1929 & 1980 economic upheaval, we had great companies & manufacturing here in the good ol US of A. All gone… and it seems all we do now, is invent stuff (then build it overseas) or we are in the "service industry". As I see it, there is only so much "servicing that can be done" and not everyone is cut out to be an "engineer/designer".

I see a huge drop in QOL (quality of life) for "most" Americans. As they have bought into (heck, we all did) the idea of "leverage" whether it be; cars, houses, plasma TVs, or vacations. Now some 20 years later we are all being told; bad idea! Sorry…

]]> By: D Wetzstein http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4437 D Wetzstein Mon, 10 Nov 2008 16:48:20 +0000 http://www.moneymorning.com/?p=3140#comment-4437 The conservatives did indeed loose their mooring and let the liberal socialists take unfettered control by letting them make bad loans and insisting mortgage companies make bad loans to put poor people in homes they could not afford. The President elect (together with Democrats in Congress) will attempt to Nationalize big business. I do not see how that will create an environment to make us rich? If the Fed owns the car industry and oil industry etc... how can we also own them? The conservatives did indeed loose their mooring and let the liberal socialists take unfettered control by letting them make bad loans and insisting mortgage companies make bad loans to put poor people in homes they could not afford.
The President elect (together with Democrats in Congress) will attempt to Nationalize big business.
I do not see how that will create an environment to make us rich?
If the Fed owns the car industry and oil industry etc… how can we also own them?

]]> By: david whetsell http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4436 david whetsell Mon, 10 Nov 2008 16:01:25 +0000 http://www.moneymorning.com/?p=3140#comment-4436 I see the only way we can get out of this mess is doing the following. As the article stated," Since [consumer spending] makes up about 70% of the economy ". This means there are not many jobs to create wealth. All the last 20 years have been based on consumer spending financed by borrowing . It only created service and consumer spending jobs. If the world banks generated 50 trillion dollars by printing US funny money to reinflate the ballon that just burst,who would you lend the money to? The people that can not pay there home loans,credit cards, second moragages, studant loans,car loans and ETC... as these are the people who caused it to begin with. Them and the greedy bankers who want the taxpayers to bail them out. I bet they are laughing at as all the way to the bank. The only way this country can bring the economy back is to cut taxes on businesses,stop over regulating businesses and put high taraffs on imports to force the companies back to the USA. All I see from Obama and company is higher taxes regulations to force the power compaies out of business and the total collupse of the dollar. I am glad I sold all my stocks,bonds and 401k s several years ago and bought gold and silver. I am investing in renewable energy. I see the only way we can get out of this mess is doing the following. As the article stated," Since [consumer spending] makes up about 70% of the economy ". This means there are not many jobs to create wealth. All the last 20 years have been based on consumer spending financed by borrowing . It only created service and consumer spending jobs. If the world banks generated 50 trillion dollars by printing US funny money to reinflate the ballon that just burst,who would you lend the money to? The people that can not pay there home loans,credit cards, second moragages, studant loans,car loans and ETC… as these are the people who caused it to begin with. Them and the greedy bankers who want the taxpayers to bail them out. I bet they are laughing at as all the way to the bank. The only way this country can bring the economy back is to cut taxes on businesses,stop over regulating businesses and put high taraffs on imports to force the companies back to the USA. All I see from Obama and company is higher taxes regulations to force the power compaies out of business and the total collupse of the dollar. I am glad I sold all my stocks,bonds and 401k s several years ago and bought gold and silver. I am investing in renewable energy.

]]> By: Free Economy Blogs» Blog Archive » Global Stocks, US Futures Rise on China Stimulus; Yen Falls http://moneymorning.com/2008/12/29/recession/comment-page-1/#comment-4435 Free Economy Blogs» Blog Archive » Global Stocks, US Futures Rise on China Stimulus; Yen Falls Mon, 10 Nov 2008 12:59:52 +0000 http://www.moneymorning.com/?p=3140#comment-4435 [...] For the US Economy in the New Year, the Pain Will Precede the Promise Money Morning - USA The US economy last posted a full year?s negative GDP in 1991, when it declined 0.2%. Verdict: Recession. Industrial Production: This measure of output by … See all stories on this topic [...] [...] For the US Economy in the New Year, the Pain Will Precede the Promise Money Morning – USA The US economy last posted a full year?s negative GDP in 1991, when it declined 0.2%. Verdict: Recession. Industrial Production: This measure of output by … See all stories on this topic [...]

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