No rescue in sight for what ails economy and it is just beginning to take its toll on Average Americans!

Quickly! I have to go to my colonoscopy but first Give me your input: I believe Obama owned that debate last night and the Feds cut the prime rate another half a point to 1.5% tell me how you feel?

6 Die in Family Murder-suicide in Upscale Home over economy!



While Americans have spent the last month transfixed by the spectacle of one financial giant after another crashing to the ground, the rest of the U.S. economy has been sinking in the muck. By now, the process is so far advanced that, even after passage of the Bush administration's $700-billion financial rescue plan Friday, the nation's economic options span the unappealing gamut from bad to worse. "The wheels seem to be coming off the economy right now," said Brian P. Sack, vice president of the respected forecasting firm of Macroeconomic Advisers. "It's hard to see how we avoid a recession, and it could prove a tough one to climb out of."

Even if the financial bailout plan begins to work, the nation will be lucky if all it experiences is a bad slowdown. The alternative, economists say, is something much worse -- a contraction that might go on for years. American employers sliced September payrolls by 159,000 jobs, the ninth straight month of losses and one that puts the country on track to shed a million jobs this year. Real consumption, after adjustment for inflation, slipped two-tenths of a point in June, a half-point in July and flat-lined in August. New factory orders unexpectedly dropped 4% in August, the Commerce Department said Friday, the biggest decline in two years. Capital goods orders, a key indicator of companies' future investment plans, slipped 2.4%, the biggest drop in more than a year and a half.

State governments, have begun making steep cuts. In all, 29 of the 50 states had already cut spending, raised taxes or tapped emergency funds to balance their budgets for the fiscal year that began July 1, said Nicholas Johnson, an analyst with the Center on Budget and Policy Priorities in Washington. But 15 of those states, including Arizona and New York, are back in the red; stalling economic growth has caused their already shrunken tax revenues to contract further. "We've got a really rough time ahead of us in 2009 and 2010," warned Roger Kubarych, chief U.S. economist with Unicredit Global Research in New York. No rescue in sight for what ails economy
Forget about the outdated notion of thrift shops as the refuge of the working poor, the down and out or the vintage fashion hipster. In these troubled times, the powerful lure of a secondhand retail bargain is attracting a whole new breed of customer.middle class flocking to salvation army and Goodwill

With an estimated $54 trillion being our real debt. With an estimated $1 trillion to repair our failing infrastructure with home foreclosures hitting record level food prices rising, gas shortages, food pantries under pressure even by the middle class, panic in many parts of the country as winter approaches public safety budgets are cut and many people realize they cannot afford to stay warm this year. What to do? People are panicking and it will get much worse!

A man distraught because he could not find work shot and killed his mother-in-law, his wife and three sons and then killed himself inside a home in an upscale San Fernando Valley neighborhood, police said. desperate for work, man kills his family

A mother who police said stabbed her daughters before shooting herself had raised the children as a single mother after her husband hanged himself three years ago. suicide haunts Family

I had a couple other stories all happening on the same day, attempted murdering of families, spousal murder, knowing what is coming and this is all going to get much worse and is part of a societies normal cycle in the end and how this will all end and soon I just started shaking my head again and decided to close this and say hold on stay together, take it easy, and stay in touch!

I just want to remind you of our past conversations on How this is going to end up and it is not good I also just heard while I was waking up that since the 17th grown child was just dropped off under the safe Haven Law enacted in June by parents who could not take care of them. It is no longer Infants but increasingly grown Children. Please give me your input! I'll be Back!

James Joiner
Gardner, Ma
www.anaveragepatriot.com