What a Week: Celluloid Heroes Can't Save U.S. Economy

A proactive plan is needed for the US to move out of the dependancy on foreign oil. Construction of nuclear power plants should have started yesterday. Removal of all restrictions for offshore drilling should be done now. If the US doesn't wake up our children may be using horse and buggies to get around. Then we will be worrying about the cost of oats. In addition to building nuclear power plants we should start building monorails over all major parkways, and start designing electric cars for local use. An alternative plan would be to build a rail or grid into the parkways so that electric vehicles could run long distance without the need of battery power; which would be reserved for local use.

sentiment is not so low yet - so we have yet not seen the bottom. Keep reading these news and when there's nothing but pessimism, it will turn around - in fact, everything will turn around - at least financially. We have seen worse time than this and after each of those, we have seen picks in respective markets. So hang tight with that cash and keep piling up - time will come to invest that - good luck - come back after a month or two to check the weather - enjoy the vacation till then.

Nuclear plant take too much water. Until they dig more waterways to send water run off away from the Mississippi Nuclear will be limited to planning only. Also all that fresh water running down the Mississippi is creating dead zones 100 miles long in the Gulf. Thats where too much fresh water can't be assiminated into the salt water and kills all sea life. I have been saying divert water for years and now the excess water is killing sea life. There are Nuclear reactors that have to be partially shut down because of lack of water during drought seasons. So how will they build new reactors? Where will they get the water to cool them? Dig more reserviours. Yes, we need a few more Lake Michigans and Lake Superior's to handle the water flooding and droughts in the south east and south west during non rainy seasons. But hey thats what the Army Corps of sand bag engineers are for.

PS - I know those are natural lakes, but they will have to build water retentions of that magnitude to fix the water flood/shortage problems that will only get worse.

You know why we are suffering today in spite our nation is rich, mighty, and powerful.The answer is Majority of us forget God. Two thousand years ago Jesus the Son of God predicted it.See the book of revelation in your bible.The solution is seek God return to him. .. how many among us neglect God because of our pride, might and strength, because of our job,because we are busy of accumulating wealth and pleasure because of our ambition to go to the top because of all of this many of us neglect our duty to love God and his Holy commandments. Jesus the Son of the Living God warning us and told us two thousand years ago. That warning is now in reality todays...that is the facts..

Supermann Batmann Spiderman is not the answer to our needs , to our sorrow, to our calamties, to our problem THE ANSWER IS WITH GOD. CHRIST JESUS IS THE ANSWER. EITHER WE AGREE OR NOT ...JESUS IS THE ANSWER. BATMAN,SUPERMAN,SPIDERMAN IS NOT A GOD,THEYARE PART HUMAN CREATION AND IMMAGINATION .....ALL OF THEM ARE NOT REAL JUST MADE IN HOLLYWOOD. JESUS IS REAL, A TRUE SON OF GOD....HE IS THE ANSWER....THAT IS THE TRUTH.

when are people going to stop spending money they haven't earned yet.one poblem when ,people get paid they acually think it is there money.sorry charlie ,you spent that money for years to come debt debt debt.

You know what the funny part is. It was the Republicans and the Fed that created the Housing bubble by lower interest rates too low at 1%. Then it was the Republicans and the Fed that caused the Housing crash by over raising interest rates to 5.25% in less than a year. And they did it on purpose, they said that they needed to slow the economy and inflation. Now we are in a huge financial crisis with rising inflation. Now you expect the Republicans and the Fed to save the USA. Think again. Vote for a Democrat president this year. That is the first step to a recovery.

Aaron, congrats on an amusing segment that has provoked comments ranging from nuclear power to the almighty. That's quite a feat.

Derivatives are the problem. Rescues are debt. who pays? The middle class good actors will be asked to pay for the bad actors in our economy. More U.S. business will fall to China and oil sellers. Americans have sold out to the good life. Our kids and grandkids will be expected to pay for our lack of conservation and debt. We must now make some right choices before it is too late..

MARKET S HEADED FOR A DOWN TURN ND BAD CORECTION. TOM

Derivatives, 500 trillion dollars worth, are largely promises and paper. Over exuberance of derivative trading is a blueprint for another bubble disaster. We and the rest of the world economy created a cauldron of money and resourses that doesn't really exist...only as traded promises. More sucker bubbles waiting to burst. The fed rewards and rescues such ponzi schemes with debt that foreshadows the destruction the wealth for us, our children and grandchildren.

Where is the accountability in all of this MESS! All we talk about is bailing out the forlorn, Freddie Mac, etc. and all of the stupid bank CEO's that screwed us over! And yet it's our taxpayer dollars that are going to help out those that have screwed us over. Where is the sanity here?? Screw the FED and the whole US Gov't for being so slow and almost always on vacation when times are tough. Screw all of the federal bureaucrats that think they are doing something. They do NOTHING and we would be far better off we just got rid of Congress all together. The Senate is no better.

This is the ONLY place Ordinary Human beings are allowed to express their opinions (small issues that don't have an impact). We Are NOT allowed to give our opinions regarding legislation for housing, terrorism, support (or hatred) for Israel, or other Big issues.

So... what happened to the theory that the market needs no regulation? The small gov.? The free market? Wall street bought congress to do their bidding. And now the idiots (us) as usually will pay the tab. Is this Democracy??

yes, deregulation was a huge failure. Airlines deregulated, prices got lower,quality suffered now prices are higher again with the same crappy service. Energy has been deregulated in alot of places,Now many are paying 5x the old rates and u have Enron. Banking was deregulated and look what you have now. Regulation eventhough somewhat stifiling, ensures basic standards are met and evens the playing field for businesses to compete on. Greed is a powerful thing privatrte entitys are no better at stemmming corruption and mismanagment than the goverment is,but at leat we can vote out elected officials. We can't fire corrupt ceo's,cfo's, ect ect

George.... It might surprise you to know that there has never been a free market, not even in the US. The fundamental prerequisites of a free market are (1) Absence of regulation - All regulation is a shackling of the market Regulation is just government's way of armtwisting individuals into following its arbitrary diktats. All regulation on business is a violation of the Rights to Life, Liberty and the Pursuit of Happiness, Rights which form the bedrock of the American Republic (Remember that America is first a Republic and then a Democracy). (2) Absence of fiat money - Fiat money is the government's way of stealing from every citizen. By printing money to suit its (the ruling dispensation's) needs, Government appropriates, by force and without your knowledge, a part of your hard earned wealth. Everytime government prints more money and circulates it, your wealth gets devalued. Paper fiat currency has always been a failure (to understand the ignominous history of paper fiat money, read "The Mystery of Banking" by Murray Rothbard). If you want to see markets in action, work for the demise of the dollar, the pound and all other fiat currencies and the re-establishment of Gold and Silver as money. Doing it is simple - stop holding your savings (a good part of it) in dollars and instead hold it in Gold and Silver. The death of fiat money will not be too far away if a good number of us start doing this.

Our exuberance for derivative trading has created a 516 trillion dollar market debt. The global economy is headed for a major fall. The economy has created a cauldron of nonexistent resourses backed by promises and paper. Our habit of putting off bubble debacles by bail out rescues pushes the debt to pay for such rescues into the future. If our frightened politicians don't have to contend with it now it doesn't exist, right? Like lemmings, we head for a catastrophic event. An imploding economic meltdown? How soon?

Once we get used to the idea that real estate has bottomed, and that most people won't have any equity in their homes, the fed can start to raise interest rates, and create a new demand for the dollar, which will strengthen it against all other currencies, and the game starts all over again. This is all a rich man's game, we are all pawns in it. It keeps enough greed in us, to continue slaving for the wealthy, and when they think we have too much, they'll take it all away again, generation after generation. The idea is to keep us working for them, for as little as possible, for as long as possible.

Do you really think people will conserve gas if prices decrease? We need to decrease dependence on oil. Don't you think the encouragement to buy more homes, backed by free money from you and me will only put us right back into the housing mess. Until CEO's are accountable what can we expect? Raising interest rates could save the dollar. Wouldn't that help lower prices? Must we sell off all american enterprises such as GE to the Saudis? Will we ever learn balanced trade of actual products is essential for economic health? We are encouraged to buy, buy, buy the government even gives us free money to make sure we act like good soldiers and spend, spend, spend. Does it make sense when the we must, or our kids must, pay for the free lunch that is anything but free?