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"Anger In The Land", 60 Minutes Tonight: Amazing CBS Report on Recession
CBS "60 Minutes" ^

Posted on 10/31/2010 6:33:55 PM PDT by DaughterofEve

Tonight's candid "60 Minutes" report on the country's disastrous economy, focusing on Newton, Iowa. Must see!!


TOPICS: Business/Economy; Front Page News; Politics/Elections; US: Iowa
KEYWORDS: 60minutes; bhoeconomy; cbsnews; economy; election; recession; unemployment
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To: DaughterofEve

But the left says there is not recession..life is good , Reid saved us from the brink of world wide depression


21 posted on 10/31/2010 7:05:14 PM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: Carl LaFong

“I believe the left/media complex is attempting to build their case that the only solution for the descending curtain of economic doom is a complete Government takeover of economic activities.”

1932 redux - yeah, let’s do it./unmitigated cynicism


22 posted on 10/31/2010 7:05:38 PM PDT by SeattleBruce (T minus 3 days to SMACKDOWN - Tea Party like it's 1773! Pray 2 Chronicles 7:14!)
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To: DaughterofEve
I think the story illustrates that this is not another cyclic recession. What killed Newton was the permanent loss of Maytag jobs to Mexico. That's what's happened all over this country. The geniuses who sold us the "free trade" deals which offshored so much of our manufacturing have made complete recovery impossible. We are in a long-term downward spiral.
23 posted on 10/31/2010 7:06:12 PM PDT by hellbender
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To: DaughterofEve

I think this is a warning to Obama. They are telling him that they won’t carry his water forever. They are ready to open up with both barrels if he doesn’t stabilize the situation FAST.

They hoped the second great depression would spur the public to the left just like the first. Quite the opposite is happening and so the misery is no fun at all anymore...

60 Minutes now sees Obama as a liability not an asset to the cause....


24 posted on 10/31/2010 7:10:12 PM PDT by Mad_as_heck (The MSM - America's (domestic) public enemy #1.)
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To: al baby
"Now thats funny if Hillary was all that and a bag of Chips she would Be POTUS today"

I don't know. There's no way she had a chance against Obama last time, they were all too busy being enchanted. Now he's managed to PO everyone except the most gray matter starved zombies out there. I can easily see the MSM tossing him under the bus now in hopes of Hillary, or ANY ONE else, stepping in for 2012.

25 posted on 10/31/2010 7:10:36 PM PDT by moehoward
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...
Thanks DaughterofEve.
Tonight's candid "60 Minutes" report on the country's disastrous economy, focusing on Newton, Iowa.
Hey, who *doesn't*.
26 posted on 10/31/2010 7:12:46 PM PDT by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: penelopesire
It’s kinda hard to feel sorry for Iowa when they helped give us Obama.

No, or any other state.

I'm sure many of those people interviewed ignorantly voted for the Ø without any knowledge of what he was porporting.

Did you see the way that group at the VFW hall answered the questions asked by the interviewer? "I don't care about nothin' except that I'm unemployed" and "the government needs to do something about it." With that mindset, no wonder they are in their predicament. No wonder they voted for Ø.

27 posted on 10/31/2010 7:13:51 PM PDT by fwdude (Anita Bryant was right.)
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To: penelopesire
It’s kinda hard to feel sorry for Iowa when they helped give us Obama.

A good chunk of Iowa has nobody to blame but itself.

Mr. niteowl77

28 posted on 10/31/2010 7:15:09 PM PDT by niteowl77 (I don't mind them stewing in their own juices, but I object to them stewing me in their own juices.)
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To: DaughterofEve

Honestly I am beyond feeling sorry for people that voted for Obama. Their vote for Obama and crew affects my family adversely and I have no choice but to suffer through their ignorant vote. Do they really think there is no difference between parties? They need to “man up” and pay attention to who they vote for.


29 posted on 10/31/2010 7:17:09 PM PDT by happyhomemaker (That they may teach the young women to be sober, to love their husbands, to love their children)
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more about SeeBS:
30 posted on 10/31/2010 7:17:43 PM PDT by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: TMA62

Their real fear is people might get hip and turn these propagandists off as they backed the muslim 100%. If people yank the plug on TV - their businesses are DEAD.


31 posted on 10/31/2010 7:18:32 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: hellbender
...What killed Newton was the permanent loss of Maytag jobs to Mexico...

Ross Perot was right.

32 posted on 10/31/2010 7:23:11 PM PDT by FReepaholic (Yoiks...and away!!)
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To: Carl LaFong

I agree with your theory. You can see the early work to takeover food distribution (people may eat too much or the wrong things, food deserts, transfats), housing (livable communities act) and I predict next in the crosshairs will be 401K and retirement funds to save SS.


33 posted on 10/31/2010 7:25:21 PM PDT by MtnClimber (Osama and Obama both hate freedom and have friends that bombed the Pentagon)
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To: DaughterofEve
Tissue alert...watch and spread the link, and "Like" Newton Iowa on your Facebook Accounts if you have one!

Newton... Webster City... Marshalltown... Fort Dodge...
When we drive back home to visit the folks and compare today's Iowa to that it was like when we were starting our family, it sometimes brings me to the verge of tears.

For years, the Dems in the the legislature robbed the state to bankroll the education establishment, and when Iowa put Vilsack in office, they basically signed the deed over. There isn't much left here but teachers, administrators and contractors who constantly build new structures for kids who leave the state upon graduation.

34 posted on 10/31/2010 7:25:25 PM PDT by niteowl77 (I don't mind them stewing in their own juices, but I object to them stewing me in their own juices.)
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To: Carl LaFong

“...to build their case that the only solution for the descending curtain of economic doom is a complete Government takeover of economic activities.”

If we must have government take over our lives and extinguish liberty, then let’s let the Chinese do it. They are much smarter and more efficient than the Democrat/Socialist morons the universities here have miseducated. Of course, ignorant evildoers are easier to foil, so it’s a wash.


35 posted on 10/31/2010 7:26:55 PM PDT by kittymyrib
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To: hellbender

It’s not “free trade” that is the issue in any form.

It is the huge costs government and unions have added to employing Americans.

Get freaking real.


36 posted on 10/31/2010 7:28:54 PM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: DaughterofEve

What??? CBS must not have heard that BO’s economic advisors have declared that the recession ended in June of ‘09. Happy days are here again...only I don’t see any smiles.


37 posted on 10/31/2010 7:29:56 PM PDT by kittymyrib
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To: hellbender

But wait! I was told wind turbine manufacturing and the green economy would save Newton.

Union built crap killed Maytag. My dad worked for Maytag. I’ve been in that plant many times and even helped tear part of it down when it closed.


38 posted on 10/31/2010 7:35:12 PM PDT by idkfa
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To: hellbender

But wait! I was told wind turbine manufacturing and the green economy would save Newton.

Union built crap killed Maytag. My dad worked for Maytag. I’ve been in that plant many times and even helped tear part of it down when it closed.


39 posted on 10/31/2010 7:35:34 PM PDT by idkfa
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To: ConservativeMind
I think that's a gross oversimplification. Americans simply cannot work as cheaply as Mexicans, let alone Chinese. I agree with Henry Ford's statement that wealth is created only by manufacturing/building things, growing things on the soil, or digging things out of the earth. Lawyers, psychologists, surplus academics who teach "social science" and "political science," and Wall St. speculators do not create wealth.

What happened to Detroit is now happening to the whole country: lavish retirement plans and health coverage for the retired (entitlements like SS and Medicare) are sapping economic growth.

40 posted on 10/31/2010 7:36:56 PM PDT by hellbender
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