Be advised: Falling Prices Raise a New Fear - Deflation

The sky hasn't fallen yet but prices have and rapidly. This is precisely what one could logically expect when you beat down the working consumer with stagnant wages, reduced hours our simply eliminate their jobs. You greatly thin and impoverish their ranks and they lose faith and stop spending which only worsens the situation. Falling prices equate to continuing shrinking wages and more job losses.

While people are losing their jobs and homes the greedy responsible for the economic implosion are getting government handouts and living very, very well as they hoard our tax money instead of lending it, blow it on lavish corporate retreats, pay their pals dividends and give us all the finger with a big grin. Trickle down economics is the cruelest hoax ever perpetrated on the working American.

No more money for these pigs (and that is precisely what they are). It’s time for trickle up economics and not a pathetic, paltry $600 joke stimulus check. This economy will never get any inertia unless the consumer gets a real infusion of cash from the money that they’ve paid in taxes. That $700B give-away would equate to $30,000 for 232-million taxpaying families earning under $150,000 annually - enough to halt foreclosures and get people spending once again. Unfortunately this idea makes sense and doesn’t directly benefit the ubber wealthy alone by bypassing us.

Pump $30,000 in each household, force all lenders to reduce interest to 4% on all mortgages written since 1 Jan 2001 and force credit card companies to drop their interest rates to 8% and this economy will get rolling again.

It's time for the corporate rich to lower THEIR expectations.

21-50. Out.