Another Large Company is going to close the doors.

Well here we are again, as I teach and expose in my seminars regarding, the Companies going under, the Banks hand in this whole ordeal, the housing crisis (foreclosures & the Banks) and the bail out which did not work to Wall street, Banks & other companies from the Gov't. That was not the answer. We do not have the money to bail out and burn here in the USA. This is a serious matter. There is their no end in site. None. We have IOU's in California because our state is broke and companies going under and merging that got a large sum of money from the Government bail out. Where does this end. Chase's earnings for the first quarter was over a 2 billion in revenue, they only lost 10% on their quarterly earnings, only 10 %, and got a 25 billion dollar bail out from our Government. This enrages me. They are buying up bad banks aka bad businesses. This is a bad thing... we can not keep writing off bad debt. Currency was spent. That makes this a hard dollar cost to our Country. Money we do not have. Such as the housing industry. We can not see another home go to foreclosure, but we will. The Government is not done with spending, the large and small businesses will continue to fold or merge and if they fold someone else acquires their bad debt and will get another large write off and could instantly weaken that company setting it up for another large fall and we the people are watching our countries checkbook go seriously over drawn and we could owe more money that we do not have. The housing industry continues to plummet for now. No real end in sight. My company Real Estate Rescued saves a lot of this from happening http://realestaterescued.info .