Manufacturing is gone... automobilie industry is in real pain, boeing never looked better but in the end the union will ruin it like so many other industries. I'm all for high wages but to me, unions destroyed many good companies. In a global economy you can't do that anymore. Having been a former owner of several small companies, I didn't outsource, unless my customer was in that country. To me thats the only time it made sense, and naturally I didn't just hand over a contract either, they helped program parts of it, and made sure all code documentation was done in their native language... doing good business practices imho.

Another thing I know, are companies unwilling to train Americans to work as well. Thats the real crime IMHO. And we're joking that unemployment is 6.1% many more aren't even bother looking.

The thing tht got me is congress passing a bill that punished banks who didn't take risky loans.... wtf I'm all for all american's to own their own home... in the end, we'll have less home ownership then before the subprime mess. The fact that the entire world is effected should tell people this is a global problem caused by our congress, lenders, and yes Wall Street.

How to fix it so it doesn't happen again, execute those who passed laws that caused this crap under treason.... won't happen but I can dream



Alwin Arlt