Dave Lewenz

CEOs See Trouble on the Way

The inability for the banking system to work properly is the root cause of the present business conditions. As credit gets cut off the main life blood of every business, contraction will grow worse, causing more lay offs. The ability of the new administration to understand the importance of injecting capital into new technologies is the only hope the country has. We sure can not compete in the general MFG industry for goods and services, the Detroit three have proven that to date. We MFG no electronics, fewer and fewer consumer goods, resulting in a steep cliff that unemployed workers are jumping off. Kind of hard to regain any control, when you are laid off at $28 dollars an hour and get rehired at $12.50 per hour. Ross Perot was correct, ONE BIG SUCKING SOUND.