In precisely the kind of news president Obama does not want heading into the election, Ford (F), Dow Chemical (DOW), DuPont (DD), and Advanced Micro Devices (AMD) all announced mass layoffs this past week as Firings Reach Highest Since 2010.

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Mike Shedlock

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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24 Comments So Far
kday Wrote: Oct 29, 2012 7:05 PM
What's not reported here is the massive amounts of investment capital poised to flee the US if the Kenyan Muslim (Read "SLIME") Terrorist in the WH is reelected. The economy will be absolutely crushed as funds flee to any haven outside the US.
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ISignFred48 Wrote: Oct 26, 2012 3:01 PM
When Romney is elected, the One Percenters will return to the economy and we will be OK. Obama calls himself a 'Post Racism President' and I hope so. He is also a Reverse Racism President who has demonized and persecuted the people who could have helped with cash to invest and experience to operate bussinesses. Bad strategy and failed policy!
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Daddio7 Wrote: Oct 26, 2012 8:18 AM
If so much fraud exists I would like examples of exactly what these people are doing to fool the government. I'm 60, haven't been able to work for three years and what I am doing to claim disability isn't working. I called for my first interview, the first words out of the examiners mouth were "Are you represented by an attorney? The lawyers have an agreement with Social Security, they charge you nothing but the government will pay them the back disability "owed" you, up to $6000. There's the fraud.
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T.C.7 Wrote: Oct 26, 2012 7:20 AM
Flagged all posts by the sick, disturbed lunatic, vlanzi.
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jseifert Wrote: Oct 26, 2012 9:49 AM
it's from drinking the kool-aid
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FletchforFreedom Wrote: Oct 26, 2012 9:54 AM
Sigh. Sybil is back.
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Carl265 Wrote: Oct 27, 2012 8:58 PM
With the technology available today how do the trolls keep coming back? I know my ISP is recorded everytime I log in so what's up ?
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Frank130 Wrote: Oct 26, 2012 4:44 AM
The economy here & in Europe is sick & doomed to get sicker as budget deficits explode, interest rates are kept artificially low & more money is printed out of thin air to try & pay for it. Eventually confidence will be lost in the currencies, inflation will sky-rocket & the whole rotten artificial house of cards will fall apart. It's only a question of when. Romney might be less bad than Obama, but that's not saying much. Neither one will try to balance the budget in office. Only the Libertarian & Constitution candidates will do that, as far as I know. There's a good chance the US Dollar will collapse within 4 years no matter if Romney or Obama are elected.
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Pistol Wrote: Oct 26, 2012 3:08 AM
Welcome vlanzi. We were running out of trolls and small wonder. It takes a very rare type of moonbeam to try to defend the current situation. Inevitably, it can't be done, and the trolls, like you, bring up irrelevancies, the past, motherhood and apple pie, warm fuzzy visions of peace for all people. What possible connection is there between jobs, education, housing and peace for all and barrynomics? His administration has set records in deterioration in all these areas. He holds championships in food stamps, housing foreclosures, unemployment, poverty, and rising costs of gas and electricity. And you see no Tea Party motivation in these disasters? Playing the race card is the action of a loser who has no connection with reality.
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wsimpson Wrote: Oct 26, 2012 7:58 PM
Dead on, Pistol, dead on.
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Chris from Kalifornia Wrote: Oct 26, 2012 8:32 PM
Good aim. LOL Right on target.
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