Thread: U.S. Facing Massive Job Losses

U.S. Facing Massive Job Losses

Monday, 08 Aug 2011 11:07 AM
By Michelle Smith

At a time when the American public and global investors are desperate for any sign of economic growth, major U.S.-based companies are eliminating tens of thousands of jobs.

Outplacement firm Challenger, Gray & Christmas is forecasting a loss of 66,414 jobs in coming months.

Companies are shedding jobs for different reasons. Borders, for example, is closing all of its remaining stores, which will put nearly 11,000 people out of work. Lockheed Martin reportedly blames its release of thousands of employees on government spending cuts and a weak economy.

According to a Los Angeles Times article published Aug. 8, many companies are “beginning to give up on the American consumer as a source of future growth.â€

[quote]“In effect, as many corporate executives look ahead, the United States has a diminishing place in their thinking,â€

Gov. Rick Perry - China Loves Him.mp4
Gov. Rick Perry of Texas has some explaining to do about his role in the Chinafication of America.

http://youtu.be/7LFRDvkNz0U


U.S. Governors-The Great American Sell Out.mp4
Our governors begging the Communist government of China to take ownership of our economy is not free trade. It is a sell out. It's happening now. It's up to We - The People to stop it.

http://youtu.be/nO1ROoDcfFw


U.S. Governors Selling Us To China.mp4
The new National Governors Association China Forum has a mission: to plead with China to take ownership of the U.S. economy. This is not trade. It is selling our economy and job creation capacity to a Communist dictatorship. Can this be in the best interest of America?
Vince Wade comments and rants.

http://youtu.be/8kaUcwy27Ck