John Labey - Business

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The financial crisis will lead to another economic depression. Before I came to this decision I looked at not the DOW Jones, but a more true indicator of economic health: The TED spread. The TED Spread is higher than its ever been in the past 5 years and possibly even further if I had the data. There is a small probl

The U.S. is undergoing the worst financial crisis since the Great Depression. This is possibly even worse since World War 2 was there to give America a chance to get on top due to the fact that Europe was a pile of debris. Now there's no big war to bail us out.

Bush Administration policies have had a negative impact on the economy. After seeing the markets go berserk, the foreclosures, banks dying, etc. It's virtually impossible to call it positive. It's rather hard to spin Bush being anything but a failure who caused severe damage to America.

Victims of major natural disasters should be granted special relief in bankruptcy. When possible, we should offer relief to our own people. We do this for other people around the world so why not do it for our own people.

The U.S. should provide tax breaks for businesses that do not outsource. We need incentives to stop the trend of outsourcing. Many agree that outsourcing is determental in the long-term to the American people. We can already see some effects in the loss of jobs.

Current consumer debt levels are a danger to the US Economy.

Outsourcing weakens the US economy. While it is cheaper in the short term for everyone, in the long term there is no money being generated internally from these jobs so we have less money overall. If we outsourced everything then there'd be no money left to spend.

Government policy has a major impact on the stock market. Government policy has been shown to have an impact on the economic well being and the stock market is tied to economic well being. It's simple logic that Capitol Hill effects the Capital Hills of Wall Street.

Unions should be permitted to strike. Striking is historically important.

Food should contain country-of-origin labeling. It is important to know where your food comes from. Most companies already do this in some form.

The government should provide financial assistance to homeowners facing foreclosure. With the epidemic of foreclosure we need to do something to help relieve the victims of the heinous rape corporations have done to our land.

The U.S. economy will go into recession in 2008. Its inevitable now.

Bankruptcy courts should have the power to adjust home mortgages. This is a great idea to help assist people with paying their debt and to prevent our economy from crapping itself out because some bankers got too greedy.

Corporations should pay heavier taxes on windfall profits.

The Bush Administration stimulus package will not prevent a recession. Chump change does not resolve unemployment and this stimulus package only puts us further in debt. We're throwing money at our problems in a very very wrong way here.

The U.S. should allow farmers to grow industrial hemp.

UNKNOWN: Should the economic stimulus plan include a 'Buy American' provision?

UNKNOWN: What should be the federal minimum wage?

The financial crisis will lead to another economic depression. Before I came to this decision I looked at not the DOW Jones, but a more true indicator of economic health: The TED spread. The TED Spread is higher than its ever been in the past 5 years and possibly even further if I had the data. There is a small probl

UNKNOWN: Should Lehman Brothers have been bailed out by the federal government?

UNKNOWN: Should organic farmers receive additional federal subsidies?

UNKNOWN: Is capitalism the most effective economic system?

UNKNOWN: Should Congress increase the federal minimum wage?

UNKNOWN: Should the U.S. pass the U.S.-Colombia Free Trade Agreement?

UNKNOWN: Should the U.S. increase the cap on visas for skilled workers?

UNKNOWN: Should AIG have been bailed out by the federal government?

UNKNOWN: Should the U.S. federal government provide financial support to its auto industry?

UNKNOWN: Should the U.S. end agricultural subsidies?

UNKNOWN: Should governments subsidize property insurance coverage for natural disasters?

UNKNOWN: Should governments infuse capital directly into failing banks as part of their response to the financial crisis?

UNKNOWN: Do the economic benefits of a weak U.S. dollar outweigh the costs?

UNKNOWN: Should Fannie Mae and Freddie Mac be nationalized?

UNKNOWN: Should the U.S. enact a balanced budget amendment?

UNKNOWN: Should the Treasury Department block severance packages for Fannie and Freddie corporate executives?

UNKNOWN: Should the U.S. government try to recoup AIG bonuses?

UNKNOWN: Should the government offer cash rewards to citizens for developing new technology?

UNKNOWN: Should the Federal Government assist mortgage defaulters?

UNKNOWN: Should the Federal Reserve have more authority to supervise financial institutions?

UNKNOWN: Should the U.S. build more oil refineries?

UNKNOWN: Will the federal government's financial bailout package help stabilize the U.S. economy?