Comments on: The Coming of another Great Depression by 2012? http://www.blog4history.com/2010/02/the-coming-of-another-great-depression-by-2012/ The American Experience in the Classroom Tue, 07 Sep 2010 02:25:21 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kenneth Bentley http://www.blog4history.com/2010/02/the-coming-of-another-great-depression-by-2012/comment-page-1/#comment-16788 Kenneth Bentley Fri, 06 Aug 2010 02:57:43 +0000 http://www.blog4history.com/?p=1243#comment-16788 If we do have a great depression it will effect the whole world since we are the biggest consumer of products the world produces so we will bring down all the other nations . It reminds you of Babylon the great . It boasted of it's greatness but it fell and was over run by the Persians . There is a prophecy in the bible that discribes a 2nd Babylon when it says Babylon twice in a row . So we may see the collapse of America not only from within but without . Another prophecy comes to mind that says the stranger within you shall eat up your substance . it may refer to immigrants coming in and taking our social security and benefits . We spend 312 billion a year on them now so we may only have 2 years left if things don't change . If we do have a great depression it will effect the whole world since we are the biggest consumer of products the world produces so we will bring down all the other nations . It reminds you of Babylon the great . It boasted of it’s greatness but it fell and was over run by the Persians . There is a prophecy in the bible that discribes a 2nd Babylon when it says Babylon twice in a row . So we may see the collapse of America not only from within but without . Another prophecy comes to mind that says the stranger within you shall eat up your substance . it may refer to immigrants coming in and taking our social security and benefits . We spend 312 billion a year on them now so we may only have 2 years left if things don’t change .

]]> By: Michael Schack http://www.blog4history.com/2010/02/the-coming-of-another-great-depression-by-2012/comment-page-1/#comment-15009 Michael Schack Sat, 15 May 2010 20:18:54 +0000 http://www.blog4history.com/?p=1243#comment-15009 I rarely watch Beck except when feeling real cynical, I know that at some point in his show he will look directly into the camera, eyes water up and attempt to act humble. At that point I clap and feel as if I have won a bet on the Kentucky derby. I too am worried about the economy. I tend to see it as a loss of the market. First the country gave up its manufacturing sector companies and deciding to become a financial based economy. I also see the economy being controlled by fewer and fewer companies shutting down competition and innovation. A small company might invent but then do not have the resources to produce or market, so it sells out to one of the larger ones that then bloat the original company. I believe that for our economy to be strong it needs a wealth of small- middle size companies that continually innovate and export products. (much like the mid size companies of Germany. Oligopolies in the U.S manufacturing sector. include the steel, aluminum, and automobile industries. 80 percent of all television earning come from five companies: Disney /ABC, CBC broadcasting, News Corporation, NBC/ Universal and Time Warner\There are now just 5 major book publishers Anheuswer Bush and Miller Coors have 80 per cent of the market. In California with 20 million people needing insurance ought to be a very competitive market has two insurers Anthem and Kaiser Permanente Dairy Farmers of America (DFA) controls 80 percent of the milk sales in New Jersey, Tennessee and Michigan It has been too difficult for me to keep up with all the mergers in the banking industry. Although the loss of Bear Sterns And Lehman Brothers was a shock to the system. Finally the New Deal might have saved the capitalistic system from dying in the country. It was world War2 that revitalized it. I rarely watch Beck except when feeling real cynical, I know that at some point in his show he will look directly into the camera, eyes water up and attempt to act humble. At that point I clap and feel as if I have won a bet on the Kentucky derby.
I too am worried about the economy. I tend to see it as a loss of the market. First the country gave up its manufacturing sector companies and deciding to become a financial based economy. I also see the economy being controlled by fewer and fewer companies shutting down competition and innovation. A small company might invent but then do not have the resources to produce or market, so it sells out to one of the larger ones that then bloat the original company. I believe that for our economy to be strong it needs a wealth of small- middle size companies that continually innovate and export products. (much like the mid size companies of Germany.

Oligopolies in the U.S manufacturing sector. include the steel, aluminum, and automobile industries.
80 percent of all television earning come from five companies: Disney /ABC, CBC broadcasting, News Corporation, NBC/ Universal and Time Warner\There are now just 5 major book publishers
Anheuswer Bush and Miller Coors have 80 per cent of the market.
In California with 20 million people needing insurance ought to be a very competitive market has two insurers Anthem and Kaiser Permanente
Dairy Farmers of America (DFA) controls 80 percent of the milk sales in New Jersey, Tennessee and Michigan
It has been too difficult for me to keep up with all the mergers in the banking industry. Although the loss of Bear Sterns And Lehman Brothers was a shock to the system.
Finally the New Deal might have saved the capitalistic system from dying in the country. It was world War2 that revitalized it.

]]> By: Richard G. Williams, Jr. http://www.blog4history.com/2010/02/the-coming-of-another-great-depression-by-2012/comment-page-1/#comment-14437 Richard G. Williams, Jr. Fri, 19 Mar 2010 18:02:59 +0000 http://www.blog4history.com/?p=1243#comment-14437 The bigger they are, the harder they fall. The bigger they are, the harder they fall.

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