Buddy Can You Spare a Dime

For those of you that are old enough is the above line familiar?

It is beginning to look like The Great Depression of 1929 all over again. Employment is down and finical markets are falling. The Housing Market is in a doldrum. Foolishly the Banking industry has revived a huge bailout and nothing has improved. New York State faces a huge budget defect for next year and more layoff's are expected. We as taxpayers are facing greater property taxes to cover the State's Pension Plan huge loss in value.

The Auto industry wants a bailout which I think will be a waste of money. Let the Auto Industry stand or fall on its own feet. If it can't survive in this World Market economy so be it.

The aid to those facing foreclosure of their home will be a finical disaster. They paid to much for there homes to begin with. We as taxpayers should not be expected to bail them out for their finical ignorance.

Without any manufacturing jobs in America we as a country are done.

Most of employment in this country are in the service industry ( Government, Banks, Insurance, Government Programs (entitlements,) Health Care, Military and Education etc. These jobs are parasites that live of the manufacturing sector. The money that supports the programs in the service industry comes from the manufacturing sector. With the decline of the Manufacturing sector these service jobs will also decline.

As our Government imposes more restrictions on Manufacturers such as OSHA, additional environmental regulations, Clean Air Act, CAFE regulations, additional employment hiring and promotion rules. All these regulations add to the cost of their product. It is no wonder corporations are thinking of leaving America to relocate to a place where there are less regulations.