Wednesday, January 7, 2009

How to Reignite the American Economy By Bill Porter

Capitalism... Not Government
Citizens & Companies... Not Henry Paulson!

The first economic domino to fall was the housing market. Unless people are buying houses and workers are building them, retail sales will decline, auto sales will be stalled, and the rest of the economy will continue to suffer. Housing sales must be reignited! The stock market plunge has investors fleeing like rats off of a sinking ship. Unless investors are once again willing to invest in the stock of the companies that make up the American economy and provide those companies with the necessary capital, no amount of bailouts will help.Employers are laying off workers and not hiring new employees because of economic uncertainty. High unemployment = a poor economy. [more...]

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