Catastrophic Global Economic Failure
Icelandic government falls amid financial crisis.
Britain is facing return of three-day week.
Visteon shifted all salary workers to 4-days a week and cut their pay by 20%.
Intel cut 6,000 jobs, closed five plants, and the CEO of 34 years stepped down.
Home Depot slashed 7,000 jobs.
The company Caterpillar slashed 20,000 jobs.
IBM is supposed to slash 16,000 jobs.
Microsoft cut 5,000 jobs.
Sony laid off 8,000.
Circuit City lost 34,000 jobs.
All combined banks for a total of 100,030 lost jobs and counting.
ING just cut 7,000 jobs.
All according to the Forbes layoff tracker and Wired.com tech layoff tracker.
The unconstitutional, international banker controlled Federal Reserve System is the cause of all of this with their high interest to the tax payers, worthless federal notes.
The only way Obama could save the US Economy would be through the demise of the Federal Reserve System, but we saw what happened to Kennedy in Dallas for going vis-a-vis with the powerful Federal Reserve.
Every stimulus and rescue package sinks the country into debt at an always increasing rate. It's simple: the more money we need, the higher the interest. Instead of having money printed at material value, the cost to print, we, the tax payers, are stuck with a enormous bill because we are charged face value, what the bill shows it is worth, plus a gigantic amount of interest.
Bush and Cheney are not the cause of the $55+ trillion debt. Know the true villains.
Separation of Bank and State.
