FedEx chief turns negative on economy

i'm still optimistic, every few decades the economy turns a new page, during which many industries are flushed down the drain and new ones emerge out of new technology and wisdom. i'm hoping the airline industry is kaput because they gave up on improving their services and business a long time ago, and i imagine they'll be replace by spaceage inovation long due. banks will be replaced by a new form of finance, the auto industry will have no choice but to die and allow electric non-break downable vehicles to replace the old slow, dirty, noisy and powerless gas engines that never could do both torque and speed together anyhow. many people will lose their jobs but just as many new jobs will appear. i believe the recesion will continue for several years at which point we'll hit the worst bottom the country has ever seen. take advantage of the good years now, and pray for those who are not preparing for the worst depression ever.

most likely they're not too far off because it seems like this recession is going to be a slow and gradual one, at least for those of us who are not losing our jobs, but i do believe that the end of this recession, or should i say outcome, is not going to be a good one even though i believe it is still a good long ways away. america keeps walking farther and farther out onto thinner and thinner ice.

It is only in the last two or three months that the truth has begun to sink in. A good deal of optimism still remains on wall st, but this is the last vestige and that too, will soon wane.
It would be nice to see this have a rapid turnaround but all the active pressures are working in the opposite direction. We have banking, fuel and food and I expect inflation to follow as it is present in Europe and China. Trade in our time is truley world and conditions that prevail elsewhere are sure to reach the U.S., just as sure as our economic woes will reach them.

Realistically we are in the beginning of a serious economic downturn. This would be clear to anyone with half a brain if they would get past their political ideologies and look at EVIDENCE. The Republicans don't want to admit how badly Bush and Greenspahn and Benarke have botched things up because they have this emotional need to believe that Bush walks on water, heals lepers and levitates on alternate Saturdays. Instead, he has sent the U.S. economy into a downturn which will result in mortgate riots, possibly food riots, and quite possibly civil war. This isn't my prediction. It is the prediction of the head of the World Bank who is predicting food riots in the U.S. within 4 years. If there is anyone left to write history, Bush will go down as the worst president in U.S. history. Hopefully, he'll go down as the ex-president in U.S. history to be tried and convicted of his crimes and sentenced to life imprisonment in a Federal Penitentiary for his war crimes against humanity in torturing people and starting a needless war, and for defrauding the American people. Hopefully, his cell-mates will be Cheney, Rumsfeld, Ashcroft and Gonzales, with Condi in the women's side of the pen.

What about the lawsuits that are hurting FedEx. FedEx has exhibited a Defiant attitude. In a group meeting a manager said, "FedEx has a team of lawyers, sue us, we will win!" A FedEx manager denied me time off to attend my Father's Funeral. He also denied a Hispanic employee time off to attend his StepFather's Funeral. A fellow employee informed me that this manager gave a white employee time off to pay court fines for writing bad checks. This is the most INHUMANE TREATMENT an employee can experience at his workplace.