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To: Flavius

The stock market is a bubble built on taxpayer (bailout) funds.

The Q3 results point out how our economy is still drifting downward (albeit, slower) via lower sales reports versus Q2.

Company profits are mostly up due to cost-cutting, not increased activity.

Shipping companies reported a bad Q3, revealing store shelves are not being stocked heavily for the Christmas shopping season.


9 posted on 10/25/2009 5:45:54 AM PDT by Erik Latranyi (Too many conservatives urge retreat when the war of politics doesn't go their way.)
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To: Erik Latranyi

that cost cutting is due to sending workers home. once productivity gains are in place,those workers will not be called back. An extremely large % of the lost jobs are never coming back.


29 posted on 10/25/2009 7:11:51 AM PDT by wiggen (Never in the history of our great country have the people had less representation than they do today)
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