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PCR is one of the few pundits in this country who realize the folly of our economic policies and imperialistic militarism. The $600 rebate was actually thought to be a workable idea by our national pundits, when anyone who has bought anything in this country in the last 15 years knew the money would soon circulate over to Asia, where all our trinkets are now made. Importing stuff and selling it to each other is not the way to a sustainable economy. And the bailout? Outright sodomizing of the American working class by Congress and Wall Street, the only question being are these people more corrupt or incompetent? Bailing out our auto industry? Could they have been worse led or more short term in their thinking, relying on trucks and SUVS because of their higher profit margins without any real thought about 5 or 10 years down the road? Americans no more want to buy domestic than they want to join the military, so who will buy their products after the bailout? Wouldn't it just be cheaper to skip the bailout and buy their stuff now? I did. Finally, our naive love affair with an institution, the military, that most Americans would no more join than Dick Cheny or your garden variety neocon; what good will all those armaments do you when you're hungry, broke and looking for a job. Runaway militarism is for fools and nations on their way out, a perfect description of the U.S. at present. Solution is to bring the jobs home from Communist China and Vietnam (Country First), cut military spending 50%, invest in renewables and raise the marginal tax rates. These changes may not work entirely, but our present course is totally unsustainable.

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Deflation, is now the greatest concern for the world economy. Over the past year, producer prices have fallen throughout the advanced world. Even with the consumers. Prices have been falling for the last 6 months in the other country. Until the recent crisis prices were falling in Brazil; they continue to fall in China and Hong Kong; they will probably soon be falling in a number of other developing countries. Paradoxonomics: When good situations end with bad results, like if you avoided getting payday loans but then found out you bounced a check and found out that was much more expensive. This also applies to deflation. Deflation results in lower prices and increases the value of money. The bad part: You are going to really need those lower prices when you lose your job because your employer cut production to meet competitive prices. Not such a pretty picture. But there is good news, just like payday loans can be good news for people seeking to avoid late fees or overdraft charges. The good news is there's a very small chance that this recession will lead to deflation. Most economists agree that we will probably not see deflation any time soon. Click here to read more on: http://personalmoneystore.com/moneyblog/2009/01/06/paradox-of-deflation-article-by-your-payday-loans-source/