Mike would you care to explain how 5% of the population that are illegals NOT IN THE BOOKS can ruin a power?…..please enlighten me…..

Such an Insightful Blog Sara

The stock market crash recently affects retirements, but its root cause is diminishing QEs [Quantitative Easing] as it can’t go on forever, in China the same welfare to the banks can’t prop things up forever either. The Wall Street Party is over. Its time to take our licks, hunker down and rebuild our country with fair trade, not free trade. Replacing manufacturing with lower skilled service jobs and a big deficit is a dying dinosaur. Its a road to disaster. Open Border pundits see cheap foreign labor as a way to cut wages as the money dries up. No hope, IOWs.

I think a good start is to let middle incomes enjoy some deflation with lower oil stabilizing…..I heard it alleged we must wait 5 years for the deflation…..ludicrous. Yes, prices will plummet with oil and wages could then too, without immigration too.

Now maybe Wall Street will fall off the face of the Earth. All the cheap labor. tax breaks and Corporate moves may be the end of the “middle class” and the 70% retail needed to keep the country’s Street value at Wall Street.
It hasn’t been living off the taxes American workers, the last years, but the credits and benefits of tax credits and benefits to the “so called poor and the under the table cash by the various and nefarious groups.”
When that credit is greatly reduced because of reduced “middle class” tax payers” and continued “corporate tax evasion” – maybe someone will take notice.
Is there any Wall Street left anyway? Looks kind of lonely when you see the “floor” on television?
Congress and our government needs some good actuaries, comptrollers and common sense to overhaul the whole “darned”system. Enough of bad lawyers as Representatives. We have enough of them appointed to the Supreme Court and nationwide.
I am only sorry there was not some very smart investors in State, City or Federal Government, who could have advised many “pension funds” and other funds to be directed to bank stocks and the like, instead of buying “sexy” looking and expensive real estate. Most of the top banks were less than $1.00 a share in 2008/09 and now are 40 to 60 times that price.
Will we get a second chance? Or will Wall Street just “fall off the face of the earth,” as the “American worker has.
Tax credits and poverty programs cannot push a group into the “American Dream” and the “Middle Class.”

The truth is the Obama was telling the truth and lying at the same time – both illegals and corporations are responsible for wages not going up

I’ll repeat myself, there’s too many engineers and not enough engineering jobs in America today….take that to the bank. But that would stop the H-1Bs….the open border’s godsends…..God forbid…LOL

One wonders though if the politically correct mass group-think that pervades the amnesty-industrial complex will ever be broken.