There is no end in sight for the U.S. downturn. According to experts, there is a decline in sales across the board. Electronics, furniture and computers are getting less purchase- sales from computers stores are down five percent. In less than a year, gas prices rose 22 percent and so too the prices of many other products.

With bare necessities consuming a lot more of the American household budget, Americans are buying less. Sales are declining, demand for services waning, and it looks like the beginning of a widespread foreclosure on homes. The outlook is negative for Americans and the world.

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The Reverend Jesse Jackson, Sr. criticized the Bush Administration for inadequate measures regarding home foreclosures. Bush’s Project Lifeline provides a 30 day moratorium on foreclosures, but the Rainblow PUSH coalition explains that 90 days is better advised.

“People loosing homes will become people who loose jobs,” explains a concerned Chicago-land homeowner. “As unemployment rises, sales will decline further and faster. The Administration needs to be strategic in preventing a tragedy that will impact on the global economy. Bank writedowns are nothing in comparison.”

Got gold? Find out why you should have a little gold during a recession. See the video below:

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Is resistance futile?

Supposedly, Yahoo’s board of directors are considering Microsoft’s offer. But if resistance is futile, can Yahoo’s instinct for innovation survive assimilation? Or would a Microsoft takeover only accelerate what seems to the industry to be a gentle diminishment of the brand?

Is the not-so-hostile bid about online advertising revenues? Search technologies? Or both?

Or, is this $44 Billion bid an artifice for peers to consolidate advantages and confidence in the face of the economic slowdown and investors’ fears?

If slowdown and fear, what will Google do? Grab AOL?

We do know one thing: Ballmer is an animal. See what we mean in the video below:

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Source: The Unofficial Blog of Stan Faryna