After biggest unemployment jump in 22 years, McCain vows more of the same
By Steve Benen Thursday Jun 05, 2008 5:40pmOn the economic front, the news is “ugly.”
The nation’s unemployment rate jumped to 5.5 percent in May — the biggest monthly rise since 1986 — as nervous employers cut 49,000 jobs.
The latest snapshot of business conditions showed a deeply troubled economy, with dwindling job opportunities in a time of continuing hardship in the housing, credit and financial sectors.
“It was ugly,” said Richard Yamarone, economist at Argus Research.
Of course, given the environment we’re in, economic news has an immediate impact on the political landscape, and the McCain campaign was quick to issue a statement. After noting that the rise in unemployment is a reminder of the “challenges” American families are facing, McCain said:
“…[W]e must act now to support workers, families and employers alike. This means getting our economy back on track by providing immediate tax relief, enacting a HOME plan to help those facing foreclosure, lowering health care costs, investing in innovation, moving toward energy independence and opening foreign markets to our goods. These policies will help small businesses create the jobs that families need today. The American people cannot afford more inaction from Washington.
“The wrong change for our country would be an economic agenda based upon the policies of the past that advocate higher taxes, bigger government, government-run health care and greater isolationism. To help families at this critical time, we cannot afford to go backward as Senator Obama advocates.”
As if we needed another reminder of just how far gone McCain is when it comes to the economy, his campaign offers additional evidence.
So, the economy’s in trouble and unemployment is surging. McCain says we need to cut taxes again (which hasn’t managed to help so far), pass his housing plan (written by a UBS lobbyist and created to help the industry, not families losing their homes), pass his healthcare plan (which leaves millions of Americans with pre-existing conditions behind), invest in “innovation” (though he’s actually opposed to additional spending in the federal budget), promote energy independence (despite his lacking any kind of energy policy), and more trade.
In other words, we need to keep doing exactly what we’ve been doing. More of the same. Stay the course. Stick to the policies that got us into this mess, and wait for them to stop failing. It’s bound to happen eventually.
I was especially amused by McCain’s insistence that it would be “wrong” to pursue the economic policies of the “past.” And when might that be? Does McCain mean the 1990s, when taxes were higher, unemployment was lower, growth was stronger, poverty was lower, and the deficit was non-existent? Is this the “past” McCain is anxious to avoid?
“[W]e cannot afford to go backward as Senator Obama advocates,” McCain insists. But we can afford to stick with trickle-down voodoo economics?
Can anyone actually take this nonsense seriously?
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Yes, and the poor investor class gets a wake up call. Neocons are even bad for themselves.
This is the story
http://articles.moneycentral.msn.com/Investing/Dispatch/080606markets.as...
I thought the economy was doing great! For years george said the economy was going swimmingly. What happened?
Congrats to the republican conservativise for doing a splendid job these last 7 1/2 years
of fucking everybody over.
I hope all you fu**ers who voted for these asses are happy when you're in the poor house.
I can't wait to hear these folks to tell us how this is a democrats fault or how clinton is to blame.
America would like to thank all thoes who are buying oil stocks and driving it up. Does a rich man care about gas prices for all his cars,planes etc....I think not.
mccain your party and their policies are partly responsible for where we're are economically...we have to make it stick........mcbush make him defend himself against the obvious
"greater isolationism"? OMFG! Can anyone, ANYONE, offer a better example of isolationism than the current resident ("We're gonna go into IRAK and kick some butt no matter what you think"), and the man that supports the current resident, J McSameo "We're gonna go into IRAK and kick some butt no matter what you think" McBush?!
The Republicans are doing everything they can to keep the economy from total collapse so that when it finally gives out some time in 2009 they will blame the Democrats.
not one tax cut has benefitted the small biz owner....not one
and there is currently no such thing as free trade as all free trade did was allow corporations to outsource jobs and destroy unions
i dont know if obama and a dem congress can fix things....but i know for certain that mccain wont do squat
Charlie Rangle's higher tax plan would destroy the economy, we need to cut the corporate tax rate so they can grow and higher more people...
"The American people cannot afford more inaction from Washington."
He got this part right but failed to mention that it's REPUBLICAN inaction.
Blue Lensman @ 10:
inaction by design
Bad Economy: "I'd like to thank the Republicans and the evil driven stupidity of their voters for making me what I am today...thanks for the deregulation, thanks for the illegal war/occupation borrowed against the US treasury, the 9trillion dollar trade deficit courtesy of insanely stupid 'free market' trade policies outsourcing labor, manufacturing, and profits deferred by offshore bank accounts that are sweet little tax shelters, thanks for the added bankruptcy protections for corporations while scuttling all personal bankruptcy protections for the citizenry...thanks for the mortgage crisis brought to you by GOP senators whoring for multinational banks owned by SWFs (Sovereign Wealth Funds) and Oil rich countries using the death cycle of petrodollars to purchase all of our debt (hence owning our collateral), banks, wall street institutions, land, and resources...
I know I've left out about 9Trillion other things that the bizzaro world supply-side Reaganomics/Bushonomics/Flat Earth Horse$hit wealth transfer system has done to our country...
Dear right wingnut idiots....Maybe when your boss, your lord speaks Arabic or Mandarin to you....you'll finally get the hint (long after your GOP heroes have left you far behind and gone off to their palatial getaways in Paraguay, Dubai, & the Caribbean)
karl @ 6:
Partly?
Bad Ecomomy...
Sorry...how could possibly forget the WTO, IMF, & the destruction of tariffs....without those 3 things none of what has happened today would be possible...
Ron @ 13:
i'm not real smart... but i was thinking even the bush administration isn't totally at fault for the economy..maybe i'm wrong
More of the same Rovian bullshit : take what are your perceived weaknesses and pin them on your opponent . Bigger government and greater isolationism ? The hallmark of McCain's party is suddenly the danger inherent of voting for Obama .
Obama voted yes for cheney's energy bill and McCain has no ideas for the economy.
We are screwed.
This election is much ado about no solutions.
Politics as usual.
Blue Lensman @ 10:
They weren't inactive, they were quite active. They destroyed anything viewed as being in opposition to their ideology.
I'm sure more deregulation will solve the problems that deregulation caused.
karl @ 15:
The problem is that they didn't do anything to stop it or slow it down. They could have helped by dealing with instead of turning a blind eye to the issues.
wheeee @ 18:
inactive with checks and balances.......but very active with spending...look how reps. voted on recent phat farm bill.....probably why the third party revolution is in gear
Ron @ 19:
ideally i agree....but much more complicated like not having voting majority in legislative branch..bush didn't listen to that branch of the government
You just have to kind of shake your head when a person who has been in Washington for decades complains about the inaction of Washington, of which he has been a part. It gets extra special when this same person claims to be something new and offer something different.
The Dow dropped 400 points today.
Obama will have his hands full, on this alone.
Just as we the people are supposed to be guided by the laws that we have enacted, regulations are laws for corporations. If we had no laws, there would be civil chaos. Since the Rethugs removed the "laws" ruling corporations - we have chaos in the economic sector. The only entities that can survive in this mess are those that are already wealthy and powerful. Halliburton, anybody?
karl @ 21:
The only bill that he vetoed in 6 years when the repugnantcants were in the majority was the stem cell bill.
karl @ 21:
wisedup @ 5:
Separating the have nots from the have it alls...
fastfeat @ 27:
They, no doubt are sitiing back and laughing about the the poor souls that are suffering the consequences as did the Enron people.
It is going swimmingly! Thank god I know how to swim...
The economy today is the logical (and expected) result of policies first enacted by Reagan. Chimpy is Reagan's successor in every way: piss-on-you economics are playing out exactly the way the rich hoped they would.
Obama may not be able to fix all the myriad problems...but McShame would be so much worse.
all symptoms of that this progressive disease Capitalism has entered it's terminal phase, either the human race ends it or it will end the human race.
Well, we will call the Clinton economy the good old days.
Ron @ 25:
bush had a stacked team......2007 mccain voted 95% in agreement to bush.....mcbush
getalife @ 31:
i do that now
Before he can become President, Mr. McBush,er sorry. Mr.McCain has to disassociate himself entirely from that moron in the oval office. Pretend you don't even know him. Then apologize to everyone for what the moron has done to this country. The guy is a criminal!
A national reich-wing radio talking head said today that the high gas prices are Bill Clinton's fault because he vetoed drilling in ANWR. (When was that... TEN YEARS AGO??)
A half an hour later ANOTHER radio repug was talking to a lady who was fretting because she didn't have enough money for gas to get to her second job over the weekend. "Let not your heart be troubled, ma'am," he said. "In a short time I'm sure you'll be able to use that second job to work your way up out of your tough times."
IT'S CLINTON'S FAULT. GET A SECOND JOB.
That's what the Republicans are REALLY running on.
"It's hard to put food on your family" - Dubya
Makes about as much sense as McCain wanting to keep the tax cuts for the wealthy in place.
karl @ 21:
Why would the decider listen to anybody after he decided that the economy was great, the tax breaks were great, Iraq was great, and that he knew better regardless of what reality (facts) said.
To do so otherwise might admit that he (*gasp*) was prone to error.
Besides, wtf does he care and his class care, it's it's not their money.
The rich bailed out on the dollar some time ago, only us poor folks keep our assets in $$$ american.
It's quite easy for a rich person to invest in foriegn currecy. The dollar goes to shit and they make mucho dinero being able to invest into american markets using foriegn currency.
Seems to me that the wealthy have a lot to gain by sinking us.
This was deliberate.
karl @ 33:
Me too.
karl @ 15:
Karl I think I have a pretty good handle on the economy. At least as good as I could ever expect. Economics is a very difficult subject. There are very intelligent people who disagree about basic parts of any economy so to say anybody knows it all is ridiculous. Now, having said that, I say this economy being as screwed up as it is, is DIRECTLY related to Bush and the whole Republican machine including McSame. If we were not in Iraq the economy would be hugely different. We have spent at least $500,000,000,000 dollars that we do not have. Imagine if you in your personal economy (your life) borrowed 25% after owing three times your annual income, not counting your house as debt. On top of that is the price of oil. Oil is involved in every part of everybody's life. Pretty much everything. The price of oil when Bush took office was probably around $30 a barrel. It is now $140. A huge portion of the people who live in the U.S. do not have extra money. People have no money to save. And now they have less. They can't go out and buy toys for the kids or an extra pair of shoes that they don't absolutely need, go out to dinner at anyplace that cost more than $5 bucks a meal. A meal! You may not have this problem but even if the number is 25% of people who are in this boat it effects the economy dramatically. All the way up to about 2 years ago a lot of these people took money out of the homes and/or credit card (how many offers for credit cards do get in the mail EVERY DAY!!) to pay for vacations, boats, new cars, and fun and games and dinners and Disneyland. All the stuff that makes it look like people are doing well. But it was all borrowed money. They can't borrow that money anymore!!! because their houses are not worth more this six months than the last six months. In fact it is worth much less. This is the Bush administration's fault too because the Bush administration and the Republican congress did not reign it in despite the signs that it was not a good thing to do (Letting all these people pile up huge debt). The Republicans let it happen because it put HUGE money into Republican pockets. The Dems in Congress have been in control for less than a year and a half and that is not anywhere near long enough to turn an economy around. Especially when the President would not sign anything that stopped the craziness. Republicans like to say that the Demo Congress has not gotten anything done but there is no way they can do anything when Bush refuses to work with them. So the main cause of the tanked economy is the war. The second reason is the huge debt load of average Americans and no way to borrow more money. The problem snowballs over time and that is where we are now. Also the price of oil is high directly because of the Iraq war. Who's war is it? I think you know. Yes Bush and the Republicans have fucked up this economy. Bush let it happen.
Sorry this is so long.
If all those "hard working" white (trash) Americans pull the lever for McSame...I don't want to hear any of them cry about jobs or prices.
Won't vote for Obama because he won't (gasp!) wear a flag pin? Fine. Pick McSame and watch your current economic situation get even worse.
That's because mccain's not unemployed, just looking for a promotion.
And as for the white trash remark mentioned above, at one time they were called salt of the earth.
Sounds complimentary alright, which is how it meant
But when warriors would defeat an enemy they would salt the earth so nothing would grow.
The USA is officially dissolved.
MISSION ACCOMPLISHED!
Now go golfin' & drinkin', George the Frat-boy.
GOP HOES OUTSOURCED american JOBS
GET A CLUE
the GREAT OUTSOURING OF AMERICA by bush and friends
why are we SUPPORTING comminist CHINA
and letting zillions illgals DRAIN OUR RESOURCES
Democrats launch 'Six for '06' agenda
The document, which carries the title "A New Direction for America," is a brief compilation of six themes Democrats have been pushing in various ways all year:
National security
JOBS and wages
Energy independence
Affordable health care
Retirement security
College access for all
"This 100 days is about drilling in the different direction we as Democrats will take this country," said Illinois Rep. Rahm Emanuel, chairman of the Democratic Congressional Campaign Committee.
Change. Maybe not last time but next time for sure. Honest.
BushEconomy @ 43:
C'mon, tell us how you REALLY feel?
Tell us about those brown people, and how you Really feel about them.
BushEconomy @ 43:
Zillions of ill gals?
Come to think of it white trash was what white elitists called people not just hillbillies, but white sharecropers and tenant farmers.
There were interviews a few years ago with now elderly children of Texas sharecroppers. They were reminiscing about back when they were kids, when they brought the lunch bucket to the fields it was for all the working men and boys regardless of race. The younger kids were looked after by older kids and adults women of different races. When an adult in charge told you to do something, you did it, because otherwise you'd likely be punished twice. By those who were sitting you and by your parents.
The kids played together.
So the white trash kids were essentially seen as being little different than those of the N-word.
The notion of a fiscal conservative is dead! the repube platform is dead! my wallet is dead!!!
46 PassedPawn Says: BushEconomy @ 43:
and letting zillions illgals DRAIN OUR RESOURCES
Zillions of ill gals?
_______________________________
Morning sickness.
ysbaddaden @ 49:
interplanetary morning sickness.
the telling phrase
is: "...policies of the past...", sorry sir but the only thing you have right is 'the past', of which you are the starkest r
eminder. you dont embody the future at all. look at you. the GOP is old, and you represent it. you arent change. not even close.
today at work the hiring supervisor said she was losing staff because they had to quit due to not being able to afford the gas to work... (I'm a receptionist at an amusement park/waterpark that hires 1,000 kids every summer)--
Bush economy, thanks for nuttin'!!!
“The wrong change for our country would be an economic agenda based upon the policies of the past that advocate higher taxes, bigger government, government-run health care and greater isolationism."
McCain how have you enjoyed the goverment-run health care you've had your entire life?
Good enough for you but not the rest of us.
PassedPawn @ 46:
Sounds like one of those zillion "ill gals" was "draining his resources" while he typed. Sucked the spell check right out of the computer...
there's an absurd CNN show on right now about 1968-2008 and it's such revisionist history its funny... they don't seem to get it that the protests of the 60s were in no small way possible because it was a lot cheaper to travel and do stuff back then... these days people work 2 and 3 jobs and airline travel's a nightmare, gas is astronomical!
kablooie @ 55:
Paid 4.50 for regular here today.
Yeah those "illegals" just caused GM to close four plants.
I work around a lot of MD's and those rich bushlickers among them still defend the oil companies. Still think the media is liberal. There are the haves and the been hads. The ones in the middle are clinging to their wealth like ramoras on a whale shark, and deluding themselves in the process.
I find it sadly amusing that individuals like Ed McMahon and Evander Hollyfiled are going into default.
It's like France in the 1780's. Ths shit will hit the fan pretty soon.
I'm a little creeped out by the open markets for our goods routine, given that just about the only goods we have left to export are weapons.
It is possible I'm reading too much into this standard blabber point, but I don't think so.
kablooie @ 52:
Lots of field workers here in the ag areas of South Florida are going back to Guatemala and elsewhere in Central America because the cost of living is so high.
Welcome to what J. H. Kunstler rightly calls "The Long Emergency". Bushco is the last gasp of the looter class and they wrecked everything in an unprecedented bacchanal of greed.
Bernanke's interest rate reductions merely roached the dollar and let slip the hounds of inflation whereupon the looter class speculator money headed for the commodities market to speculate on oil barrels and drive prices toward 150 bucks a barrel by July 4th. General Motors is about to close down its SUV factories.
We have a vast financial minefield ahead loaded with exploding Adjustable Rate Mortgages bundled into worthless Collateral Debt Obligations by the finest hedge fund minds based on fictitious algorithms that failed to factor risk in. Foreclosures will continue to churn through the system well into 2009 as well as credit card, auto loan and student loan defaults.
Wachovia recently admitted it has to write down tens of billions in bad securities paper after swearing for months that its exposure was minimal. Lehman Bros is about to follow Bear Stearns into the swirling porcelain bowl.
The far flung gated community suburbs without good public transit options will soon become quasi ghost towns of rotting plywood palazzo's purchased with ARMs and riddled with debt as their value drops by as much as 30% in some afflicted areas such as the LA basin and greater Miami.
Many of the hapless Meathead vote who thought that W was an excellent fellow will be particularly clobbered and will walk away from their bloat homes and bloat cars in their socks seeking shelter that won't be there.
The Financial, Credit and Housing sectors of the economy are all toast and the gasoline addiction will cause much of the consumer puff stuff sector to implode.
An addled, half crazed McOld is in no shape to cope with this mess and he already has the look of one drowning. He won't even do as well as Bob Dole and we have to hope that the Democrats, such as they are, will do what they did over much of the 20th century, wade in and fix messes made by the Herbert Hoovers and Ronald Reagans and various looter class odious Bushes.
There will be Neo Hoovervilles of Bushco meathead dupes huddled in tarp shacks in droves and amazing flat screen TV yard sales on craigslist. NASCAR will go out of business.
That is what we really face... a fiscal pauperization to blend with the pauperization of our souls as we rushed to put a hunger for hollow stuff ahead of appreciation of substantive people.
ANd from my safe little cheap carless perch in Cambridge Mass, I shall sit back and watch the spectacle with some glee while rooting for this convergence of Mr Obama and Ms Clinton and many other notable strivers who WILL be shaped by events and not the other way around.
pretzledent bush approval rating plummets to new low....
imagine that!!!!
McSame doesn't have a clue or stand a chance in November!
ysbaddaden @ 48:
I think the term was 'Peckerwoods'.
mudshark @ 57:
Dang. It's still around 3.79 here in Houston, TX but then again oil did go up freaking 10% today.
[ OK, here I go again. Please do not post in all Caps or in all bold lettering. It's Yelling. Thank You. Site Monitor]
Ahhh..we will finally reap the fruits of the fiscally irresponsible Republican Party. We will soon be the most spectacular Banana Republis ever.
How will we know when we have arrived?
Signs of Banana Republicdom:
1. Wealthy Elite
2. Impoverished Masses
3. Corrupt Public Officials
4. Bloated Military
Seems we may have already arrived.
Che's Lounge @ 58:
This country is looong overdue for a Bastille Day.
chris @ 10:
Grow your spelling, troll. It's hire, not "higher".
http://www.youtube.com/watch?v=uERyFziL8tM&feature=user
from a year ago.
I'm sure somewhere, some right-wing dimbulb is referring to the economic crisis as "the Clinton recession." But that's become the Republican mantra. Flush the toilet so we can't see the shit they created and then blame the stink on the Democrats.
After 7 1/2 years of fighting off the recession caused by the famous Bill Clinton Blow Job, where even Monica went down, the tireless President Dubya Bush has lost his Herculian effort to save the economy. In an interview with President Dubya, he was asked the toughest part of holding together the entire free world, while single-handedly defending the right of american children to die defending the right of Iraqi civilians to protect Irag against american attack... "It's hard... we work real hard... it's what we like to call "hard work" that we are hard-working on."
On a earlier post it was said that the last 7 and a half years have been a disaster I tend to go farhter back more like 28 years when greed was starting to be considered good. What we need is to get funding from corporate supported back to government supported doesn't make much sense to have those that you watch being your source of funding . The one and only client of the watch dogs should be the citizens get rid of the tax cuts for the top ten percent kinda funny if a raising tide flouts all boats ( a majority of americans do not even have a life perserver) why is it that the economic stimualous package didn't just give the 10 percents another few millions I bet that would trickle down.
The rethugs are so far removed from us l"lower class" that they can't and won't fix their mistakes and the spedhead pundits are even worse applebees with a salad bar how far removed is that
It's funny how a party has for one of it's ideals that government is bad but they sure want to get into office to plunder the treasury for themselves and their friends maybe it's not the government that is bad more to the point it's those that see it as a payday
Che's Lounge @ 58:
Bush and the Repukes to america: "let them eat cake. Oh fuck it, we'll take the cake too! Let em' eat shit!" "A-hehehe, a-hehehe."
Home foreclosures are still going strong, the dollar is weakening, the price of gas at the pump is rising, and all the Chimp can say is the economy is in a "slow growth" period.
You got to love a leader that sez he is going to fix what is broke by doing exactly the same thing as before.
Amazing.
LOL, of course its going to be "more of the same". When it comes to Dictator Bushes "Mini-me" McBush is anyone surprised? Surely no one with a single ounce of common sense would be considering McBush.
Johnny Tripp
ISP's are Snooping
I've figured out one line that sums up why poor people vote republican: Their own pride clouds there judgement.
I thought the economy was doing great! For years george said the economy was going swimmingly. What happened?
-----------
The housing bubble burst, just like the stock bubble did in 2000, resulting in a recession. All bubbles burst.
if the credit bubble has burst, which appears to be tthe case, it won't matter who is the next President- it too will deflate, as the 1920's credit bubble did in the early 1930's.
Bravo Chris Rich!
Meanwhile us youngsters and us marginalized progressive artist types shout: if we're not the sheep, and we're not the wolves, maybe we're the shepards? For decades America has glorified wolves, gave them all the money, let them be what they are while fearing teh gay, the black, the mexican. "We're half awake in our fake empire."
wheeee @ 38:
Quite right. Those who control the international financial cabal have been working toward sucking all of the wealth and resources out of the US since they rammed the Federal Reserve law through Congress back at the start of the last century. We clearly see today how those who own the private banks in the Fed, the heads of US/global corporations and those who make the laws are so closely aligned.
These folks have been licking their chops for a long time just waiting until the time was right to install their new world order (NWO) - global "government" run by fascists, of, by and for the very rich. Europe has already been wrapped up in the European Union and our Pres and the guys from Canada and Mexico have put together the Security and Prosperity Partnership (SPP) - the first step toward making the North American Union (that's why nothing has been done about illegal immigration - they want the citizens of all 3 nations to learn to love one another).
9/11 was perpetrated to make us all just a little bit more compliant while they installed more restrictive laws and slowly usurped our freedom and civil rights. The never-ending war in the mideast is just a way for the military-industrial complex folks
to steal/control more important resources and stuff even more of the world's weath into their grubby pockets. Eisenhower and Kennedy tried to forewarn us about the dangers ahead - Ike just faded away on a golf course, and they killed Kennedy (both of them, actually).
I know, more conspiracy theories. Look around. Pay attention. Read the laws and directives that have given the Unitary Executive dictatorial powers - laws enacted by our "bi-partisan" Congress. High gas prices, no jobs, no healthcare, rotting infrastructure and education systems, spying on citizens, militarized police in urban areas........probably just bad management or maybe coincidence. Ya' think?
I’ve figured out one line that sums up why poor people vote republican: Their own pride clouds there judgement.
------------
Why would rich liberals vote democrat, when it is against their interest? You make ridiculous assumptions that government programs are an irresistable reason to vote democrat if one is poor. It must stick in your craw that people find other things more important in life.
I was watching Ax Men on the History Channel. One of the loggers had cut off part of his hand some time ago.
The government sent him disability or some kind of checks. He sent them back. He said the accident was his own fault. You would probrably call the man a stupid rube. That would say more about you, than it says about him.
This country is facing an economic depression. The credit card nation does not apply just to the government. Consumers have been living well beyond our means for some time now. The day of reckoning is fast approaching.
The infinite horizon unfunded obligaitons of the federal government are now almost 100 trillion dollars. A 500 trillion dollar notional value derivative bubble has been created out of a financial fraud housing bubble.
The Kress cycle bottoms in 2014. With a 500 trilliion dollar derivatives bubble having been created, i expect a Great Depression from the collapse of that bubble. that is not to say that i am right, but that is now what i expect.
History does not repeat, but it rhymes. You are about to find out what a bad economy really looks like. There is a lot to criticize President Bush or the republicans over, but voting democrat isn't going to save anyone from what is coming. Hoover raised taxes before Roosevelt ever got the chance to. You remember Hoover, right?
Obviously, raising taxes didn't work too well. Roosevelt created government programs, but the depression lasted to the end of the decade.
So whose judgemement is really clouded?
shouldn't that be "McCain vows more of McSame"?
Janesville, WI has just been given their eviction notice as the GM plant there has just closed because of significant drops in SUV sales.
I gotta say though, GM could have at any time, taken their head out of their collective asses and realized that this trend was coming from a mile away. Regional loyalty and manufactured patriotism only goes so far when you are dealing with cost efficiency and never ending raises in gas prices.
Next, McSame will be saying "A vote for me is a vote for Obama."
chris @ 10:
The corporations have been getting a free ride since 2001. Although they do "grow" they don't HIRE more people. This is more of the same old same old Reagan Voodoonomics. Rich people do NOT share. They do eat their own tails from greed.
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