View Full Version : Beautiful 381 DOW DROP
joe123
02-10-2009, 04:42 PM
The 1-Trillion bill passes and the Markets REACT!.
Dow drops by 381 points. :D
I hope the DOW drops a lot more and quickly. The closer we get to ground Zero, the better things will look up.
whec720
02-10-2009, 05:16 PM
Rape and pillage. Even the elites know the United States of America is going down. Might as well take as much as you can, while it lasts.
Sad. We once were a great nation.
joe123
02-10-2009, 05:26 PM
Yes, when the insiders are bailing and getting OUT, that's never a good sign.
I tell you, a mild Depression sure is looking more and more imminent.
Anyone feels depressed? :D
mikethe ductman
02-13-2009, 05:00 PM
Rape and pillage. Even the elites know the United States of America is going down. Might as well take as much as you can, while it lasts.
Sad. We once were a great nation.
I heard that, who ever thought that it would only take one fool eight year to knock America's wee wee in the dirt?
k-fridge
02-13-2009, 05:02 PM
I heard that, who ever thought that it would only take one fool eight year to knock America's wee wee in the dirt?
I didn't realize Bush passed this latest "stimulus" bill.
mikethe ductman
02-13-2009, 05:25 PM
I didn't realize Bush passed this latest "stimulus" bill.
He did'nt, its because of him that America needs a real stimulus bill and I am not talking about money people would send to Opec, I am talking about some thing that would take Opec out of the picture. Better wording would be to phase them out.
mrs reb77
02-13-2009, 05:27 PM
Oh, well that must be in the portion of the stimulus bill that no one has gotten to yet...
mikethe ductman
02-13-2009, 05:38 PM
Oh, well that must be in the portion of the stimulus bill that no one has gotten to yet...
I will be very dissapionted if there is nothing in there for wind/solar power or research money for ele./hydrogen cars.
That always been my biggest let down with B/C and his first two years with the dems. in complete control.
mrs reb77
02-13-2009, 08:17 PM
I'm very disappointed with comments like that.
Explain, if you will, how that is 'Stimulus'? It is NOT. It is a spending bill pure and simple and as such should be part of the budget process. This 'Stimulus' bill should only have been for 'Stimulating' the economy. Not for any spending that takes more than the next budget year to get going. Some estimates only put that at 16%.
So, maybe there should have been a 86 Billion dollar Stimulus bill? And the rest goes through the true Budget process.
mikethe ductman
02-13-2009, 08:48 PM
I'm very disappointed with comments like that.
Explain, if you will, how that is 'Stimulus'? It is NOT. It is a spending bill pure and simple and as such should be part of the budget process. This 'Stimulus' bill should only have been for 'Stimulating' the economy. Not for any spending that takes more than the next budget year to get going. Some estimates only put that at 16%.
So, maybe there should have been a 86 Billion dollar Stimulus bill? And the rest goes through the true Budget process.
Some people just want a quick fix.
Ita like when a plug wire goes out on a car some people just want to half a$$ it/ or be conservative by just replacing the one wire, were as a smart person would change all the wires to insure that the car run for a long time with out a glitch.
Gib's Son
02-13-2009, 08:51 PM
Drop in the Dow, and SOMEONE is buying HUGE quantities of gold.
andserco
02-13-2009, 09:11 PM
[QUOTE=mikethe ductman;2498882]
I will be very dissapionted if there is nothing in there for wind/solar power or research money for ele./hydrogen cars.
With the price of oil right now, I bet they spend the funny money else wheres.
mrs reb77
02-13-2009, 10:15 PM
Some people just want a quick fix.
Ita like when a plug wire goes out on a car some people just want to half a$$ it/ or be conservative by just replacing the one wire, were as a smart person would change all the wires to insure that the car run for a long time with out a glitch.
Your analog is very lacking.
Smart and conservative aren't mutually exclusive. Any idiot knows you replace the whole set and while you're at it, replace the plugs as well.
Saves on labor for one thing. :D
mikethe ductman
02-14-2009, 10:00 AM
Your analog is very lacking.
Smart and conservative aren't mutually exclusive. Any idiot knows you replace the whole set and while you're at it, replace the plugs as well.
Saves on labor for one thing. :D
You for got the air filter,oil filter and oil, but I was just trying to keep it simple, so the people who can't think out of the box would understand.
empoyme
02-14-2009, 10:04 AM
We are hvac recruiters in Toronto who are currently looking for licensced hvac technicians with commercial experience.
30-35hr plus full benefits, car and 3 weeks vacation. This is a non-union role and preferably someone with there CFQ (certificate of qualification)
Please contact paul@tricitygroup.net
whec720
02-14-2009, 10:08 AM
We are hvac recruiters in Toronto who are currently looking for licensced hvac technicians with commercial experience.
30-35hr plus full benefits, car and 3 weeks vacation. This is a non-union role and preferably someone with there CFQ (certificate of qualification)
Please contact paul@tricitygroup.net
Umm....wrong forum. This needs to go to job discussion. Any way, good luck with your recruitment and hope your business enjoys continued success.:)
whec720
02-14-2009, 10:10 AM
You for got the air filter,oil filter and oil, but I was just trying to keep it simple, so the people who can't think out of the box would understand.
Hmmm... I always thought the liberal would wait for the government to fix the wire/s or constantly b!tch and moan, till the mechanic just fixed it to get rid of him and send him on his way.:D
mrs reb77
02-14-2009, 10:38 AM
My oil, oil filter, air filter, all fluids, belts etc. are checked religiously. I certainly wouldn't tell my guy to do all that while changing spark plugs and wires. Just like I wouldn't have my tire guy do a brake job.
as I said, very lacking analogy...:rolleyes:
joe123
02-14-2009, 05:30 PM
We need more of those BEAUTIFUL drops in the DOW. Get's the blood going too! :D
RoBoTeq
02-14-2009, 05:34 PM
I heard that, who ever thought that it would only take one fool eight year to knock America's wee wee in the dirt?
Were you born with your current mental capacity or did you sniff a lot of glue growing up?
joe123
02-14-2009, 05:44 PM
We are hvac recruiters in Toronto who are currently looking for licensced hvac technicians with commercial experience.
30-35hr plus full benefits, car and 3 weeks vacation. This is a non-union role and preferably someone with there CFQ (certificate of qualification)
Please contact paul@tricitygroup.net
What is the $mula$ compensation range?
mikethe ductman
02-14-2009, 06:00 PM
Were you born with your current mental capacity or did you sniff a lot of glue growing up?
So you don't think that in 2000 America was in the best shape ever, and that now we're in maybe not the worst shape but in the biggest down turn ever?
hmmmmmm................and some one lets you teach?
RoBoTeq
02-14-2009, 06:58 PM
So you don't think that in 2000 America was in the best shape ever, and that now we're in maybe not the worst shape but in the biggest down turn ever?
hmmmmmm................and some one lets you teach?
This post just serves to prove even more how truly ignorant you are of current events and history.
Do you not feel that there were major worldwide and domestic upsets after 2000 that completely changed the way the entire world now operates? Do you not understand that it was several major political influences that occured prior to 2000 that resulted in the economical and world issues that occured after 2000?
Every president receives either the advantages put in place or the negative fallout of the previous administration. Even you cannot be so ignorant of issues to not understand cause and effect.
Mr Bill
02-14-2009, 07:19 PM
Were you born with your current mental capacity or did you sniff a lot of glue growing up?
Glue, Paste, Cement, Putty and the like Mr. Bill has done them all, but I still prefer the old Purple Microdot. :D :eek:
mikethe ductman
02-14-2009, 07:29 PM
This post just serves to prove even more how truly ignorant you are of current events and history.
Do you not feel that there were major worldwide and domestic upsets after 2000 that completely changed the way the entire world now operates? Do you not understand that it was several major political influences that occured prior to 2000 that resulted in the economical and world issues that occured after 2000?
Every president receives either the advantages put in place or the negative fallout of the previous administration. Even you cannot be so ignorant of issues to not understand cause and effect.
Their you go again,you always have some else to blame for your mans failures.
Some people just never grow up.
Mr Bill
02-14-2009, 07:34 PM
Every president receives either the advantages put in place or the negative fallout of the previous administration.
Their you go again,you always have some else to blame for your mans failures.
Some people just never grow up.
Mike, your not really saying that you do believe this right? this is a common sense thing, even Mr. Bill can figure this out. If I am hired to run an a/c and heating company and it's sales are sucking at the time I come on board, it's my fault? come on your not this dumb, I know better I have read a lot of your posts, maybe I should go back and re-read them. :D :eek: :eek: :D
mikethe ductman
02-14-2009, 07:54 PM
Mike, your not really saying that you do believe this right? this is a common sense thing, even Mr. Bill can figure this out. If I am hired to run an a/c and heating company and it's sales are sucking at the time I come on board, it's my fault? come on your not this dumb, I know better I have read a lot of your posts, maybe I should go back and re-read them. :D :eek: :eek: :D
You really got me lost here bill,if I remember correctly didn't bush say its the peoples money we are giving back to them when he sent every one a check in 2001? Sounds like things were going VERY good.
And even after 9/11 things didn't suck like they do now. Have you for gotten about the dow hitting 14,000 did any one give credit to Clinton? but when things tanked all I hear from the right is Clinton and Carter is to blame.
So tell me bill when does the bush era end and the Obama era begins?
Or are we still in the Clinton era?
The right will always take credit for knowing who mucked things up, but when they were in power they mucked them up 10 fold.
Mr Bill
02-14-2009, 07:59 PM
So tell me bill when does the bush era end and the Obama era begins?
Or are we still in the Clinton era?
Mike, I am not even going there, I blame both for the mess were in, but some here are one sided and I know it took more than one side to get us into this mess. I guess the "real" question would be who mucked it up the worse, I think the jury is still out on this, well at least Mr. Bill's jury. :D
mikethe ductman
02-14-2009, 08:09 PM
Mike, I am not even going there, I blame both for the mess were in, but some here are one sided and I know it took more than one side to get us into this mess. I guess the "real" question would be who mucked it up the worse, I think the jury is still out on this, well at least Mr. Bill's jury. :D
You sound like my brother in law, when the dems are in charge and things are bad he blames the dems, when the repubs are in charge and things go bad he says that they "dems& repubs" are the same.
Mr Bill
02-14-2009, 08:23 PM
You sound like my brother in law, when the dems are in charge and things are bad he blames the dems, when the repubs are in charge and things go bad he says that they "dems& repubs" are the same.
Mike, I am not even going there, I blame both for the mess were in.
No you missed my point, I blame both all the time is what I meant, no matter who is in charge. :D
mikethe ductman
02-14-2009, 08:28 PM
No you missed my point, I blame both all the time is what I meant, no matter who is in charge. :D
I won't say its 50/50, I might go 70/30
Mr Bill
02-14-2009, 08:34 PM
I won't say its 50/50, I might go 70/30
I won't even ask which is the 30%, I already know I have read enough of your posts. :D
Twilly
02-14-2009, 09:12 PM
Twilli is investing in chicken wings, they are always in demand
Mr Bill
02-14-2009, 09:24 PM
Twilli is investing in chicken wings, they are always in demand
Probably even more now. :eek:
RoBoTeq
02-14-2009, 09:53 PM
I won't say its 50/50, I might go 70/30
I agree. About 70% of liberal Democrats screw things up and about 30% of radical conservative Republicans screw things up.
RoBoTeq
02-14-2009, 09:55 PM
Probably even more now. :eek:
For those liberal bigots amongst y'all, I'm a White guy who just loves chicken wings.
Mr Bill
02-14-2009, 09:58 PM
For those liberal bigots amongst y'all, I'm a White guy who just loves chicken wings.
Hey I am a conservative bigot they are a higher class breed. :eek: :D O and Mr. Bill could live off Chicken of any kind.
mikethe ductman
02-14-2009, 10:07 PM
I agree. About 70% of liberal Democrats screw things up and about 30% of radical conservative Republicans screw things up.
robo all I have to say is if we were to meet , being the kind hearted liberal that I am, I would like to be the one to show you which one the hole in the ground is.
Mr Bill
02-14-2009, 10:21 PM
robo all I have to say is if we were to meet , being the kind hearted liberal that I am, I would like to be the one to show you which one the hole in the ground is.
Mike, Can you splain that in laymen's terms for this Texas Hillbilly? :D
mikethe ductman
02-14-2009, 10:28 PM
Mike, Can you splain that in laymen's terms for this Texas Hillbilly? :D
Noooo...........all you need to know is that I am trying to help a brother out :)
RoBoTeq
02-14-2009, 10:30 PM
robo all I have to say is if we were to meet , being the kind hearted liberal that I am, I would like to be the one to show you which one the hole in the ground is.
:DThat would work out just fine cause I could show you the other one with a mirror:p
RoBoTeq
02-14-2009, 10:34 PM
Mike, Can you splain that in laymen's terms for this Texas Hillbilly? :D
It's like this Bill, mikey, being one of the two items in the implied cliche would show me a hole in the ground so I would not mistake him as being a hole in the ground;)
I'll bet that mikey would also be willing to show me a can of shine-ola so I would know the difference between him and that cliche'd item:p
RoBoTeq
02-14-2009, 10:35 PM
Hey mickey; I've met up with quite a few members of this site. If you'd let me know where you hail from, I can see when I might be in your neck of the woods.
I'm gonna be in Chicago next month. I get the feeling you may just a bit south of there....say Ohio?
mikethe ductman
02-14-2009, 10:41 PM
Hey mickey; I've met up with quite a few members of this site. If you'd let me know where you hail from, I can see when I might be in your neck of the woods.
I'm gonna be in Chicago next month. I get the feeling you may just a bit south of there....say Ohio?
Thats where I am from, but I am in glenn and k's neck of the woods
RoBoTeq
02-14-2009, 10:56 PM
Thats where I am from, but I am in glenn and k's neck of the woods
Well hell, I was just there a week or two ago as well as during the Comfortech Show. Do you venture to public functions or won't they let out by yourself?
Mr Bill
02-14-2009, 10:59 PM
Thats where I am from, but I am in glenn and k's neck of the woods
What a contrast in you folks. :D
RoBoTeq
02-14-2009, 11:01 PM
What a contrast in you folks. :D
Just like in Texas, they got their own steers and queers.
Mr Bill
02-14-2009, 11:12 PM
Just like in Texas, they got their own steers and queers.
And then you have the folks that steer the queers, maybe we can find some folks
to steer them back home to Arnold. :D
mikethe ductman
02-14-2009, 11:12 PM
Well hell, I was just there a week or two ago as well as during the Comfortech Show. Do you venture to public functions or won't they let out by yourself?
Sure they let me out every now and then, let me know the next time you come to Atlanta.
Mr Bill
02-14-2009, 11:13 PM
Do you venture to public functions or won't they let out by yourself?
Mr. Bill get into trouble when he gets out by himself, especially when he has help. :eek:
RoBoTeq
02-15-2009, 12:38 AM
Mr. Bill get into trouble when he gets out by himself, especially when he has help. :eek:
I hope you are not referring to that night you dumped me for that little chickadee in a cowgirl hat.
acmanko
02-15-2009, 10:33 AM
speaking of bulls with big horns.
I'm back:)
acmanko
02-15-2009, 10:37 AM
I posted on another thread, awhile back, that thw Dow would hit 7000.
The Dow has been on a bubble for the last 17 years.
There is no logical reason for the composite to be valued at more than 7000, as a matter of fact. with the economy tanking to figures found in the 70's and earlier, look for the Dow to retreat to 5000-6000 before years end.
As McCain said. "the economy is fundamentaly sound"
Twilly
02-15-2009, 10:40 AM
Twilli says you can't make every body happy...http://www.youtube.com/watch?v=QkAdMoZeDcY
acmanko
02-15-2009, 10:43 AM
Twilli says you can't make every body happy...http://www.youtube.com/watch?v=QkAdMoZeDcY
I just bought 6 pair of Tommy Hilfiger at 12.50 a pair.
The first day I went out sagging, some cute petite young lady said'hey old man, lose the gut and your pants wouldn't fall off your butt"
Twilly
02-15-2009, 10:49 AM
Your right Twilli wear his pants high like Prince
WhoIsThat?
02-15-2009, 11:42 AM
The 1-Trillion bill passes and the Markets REACT!.
Dow drops by 381 points. :D
I hope the DOW drops a lot more and quickly. The closer we get to ground Zero, the better things will look up.
"It is an [Obamanation] in the sight of the Lord."
Mr Bill
02-15-2009, 12:06 PM
I just bought 6 pair of Tommy Hilfiger at 12.50 a pair.
The first day I went out sagging, some cute petite young lady said'hey old man, lose the gut and your pants wouldn't fall off your butt"
Man Brother, I thought all Texans "except" Mr. Bill wore Wranglers, I work out of those Austins from Academy, they look just like the over rated and over priced Levis, but fit me a lot better and there like $14.50 everyday and sometimes on sale for $12.50.
Mr Bill
02-15-2009, 12:16 PM
Twilli says you can't make every body happy...http://www.youtube.com/watch?v=QkAdMoZeDcY
Well what would stop all this saggy pants crap "if that is what it's called" is for the Supreme Court to define what is indecent exposure. Mr. Bill feels saggy pants is indecent exposure and if he ever see his Boys wearing there pants like that "which they don't they were not raised that way" but he would "slap" them into next week. Mr. Bill's pants sag in the front, but hey he was just gifted so he can't help it, but I do wear a belt to keep them up. :D
RoBoTeq
02-15-2009, 12:26 PM
speaking of bulls with big horns.
I'm back:)
It is true; we usually do associate your posts with bull;)
RoBoTeq
02-15-2009, 12:32 PM
Man Brother, I thought all Texans "except" Mr. Bill wore Wranglers, I work out of those Austins from Academy, they look just like the over rated and over priced Levis, but fit me a lot better and there like $14.50 everyday and sometimes on sale for $12.50.
Since I am only allowed to wear jeans on the weekends, I just buy a pair when needed at BJ's. I prefer the WOTT brand (What's On The Table).
RoBoTeq
02-15-2009, 12:36 PM
Well what would stop all this saggy pants crap "if that is what it's called" is for the Supreme Court to define what is indecent exposure. Mr. Bill feels saggy pants is indecent exposure and if he ever see his Boys wearing there pants like that "which they don't they were not raised that way" but he would "slap" them into next week. Mr. Bill's pants sag in the front, but hey he was just gifted so he can't help it, but I do wear a belt to keep them up. :D
Agreed. We don't need specific laws for baggy pants if we would just more accurately define what indecent exposure is.
Underwear is exactly what it's name implies; something that is to be worn "under" your clothing. Now, since the heavily exposed undies are still "under" other clothing, do we need to be more specific in how much underwear can be exposed?
Frankly, it don't bother me one bit how silly people wear their clothes as long as sexual organs are not exposed in public. I say let our youth be youthful so they too can be embarrassed by photos of themselves when they get older.
Richard Kletty
02-15-2009, 12:40 PM
I will be very dissapionted if there is nothing in there for wind/solar power or research money for ele./hydrogen cars.
That always been my biggest let down with B/C and his first two years with the dems. in complete control.
So you've not read anything in the bill? Amazing.
Mr Bill
02-15-2009, 12:44 PM
Frankly, it don't bother me one bit how silly people wear their clothes as long as sexual organs are not exposed in public. I say let our youth be youthful so they too can be embarrassed by photos of themselves when they get older.
You know our Pastor one Sunday told us not to look down on folks like that "earrings,tattoos,sagging pants,etc." that they were just looking for attention, something that they probably were not getting at home, make some sense.
RoBoTeq
02-15-2009, 12:50 PM
You know our Pastor one Sunday told us not to look down on folks like that "earrings,tattoos,sagging pants,etc." that they were just looking for attention, something that they probably were not getting at home, make some sense.
I agree with your pastor. Also, it's just a peer thing for fads. The only time peer fads get really bothersome is when the fad is something expensive. A young man who went to school with my son was killed over his jacket.
I have a habit of getting into conversations with groups of our youth, just because that's the way I am. I have found that no matter how grungy, tattooed, pierced or otherwise absurd our youth are, if you talk to them without talking down to them you will see basically decent young people with potential for being good citizens for our future.
Mr Bill
02-15-2009, 01:04 PM
I have a habit of getting into conversations with groups of our youth, just because that's the way I am. I have found that no matter how grungy, tattooed, pierced or otherwise absurd our youth are, if you talk to them without talking down to them you will see basically decent young people with potential for being good citizens for our future.
You are absolutely correct! the younger kids "of all kinds and styles" take to Mr. Bill, why?
because I treat them as I would want to be treated, and your right, the majority of them
are basically decent young people with potential, it's sad, but you know, I really get more
out of my conversations with them than most adults. :eek:
acmanko
02-15-2009, 02:12 PM
Man Brother, I thought all Texans "except" Mr. Bill wore Wranglers, I work out of those Austins from Academy, they look just like the over rated and over priced Levis, but fit me a lot better and there like $14.50 everyday and sometimes on sale for $12.50.
I 'm not talking about jeans, i'm talking boxers, but I like wranglers alot. i just figured if i was gonna go out sagging i had to wear something nicer
acmanko
02-15-2009, 02:14 PM
You are absolutely correct! the younger kids "of all kinds and styles" take to Mr. Bill, why?
because I treat them as I would want to be treated, and your right, the majority of them
are basically decent young people with potential, it's sad, but you know, I really get more
out of my conversations with them than most adults. :eek:
quit hanging around with the shroomers, they're just trying to find the sprouts
Mr Bill
02-15-2009, 02:31 PM
quit hanging around with the shroomers, they're just trying to find the sprouts
OMG!!! Mr. Bill knew there was a catch for all the niceness, maybe I should hang
with them more after the harvest.... :eek: :D
Mr Bill
02-15-2009, 02:32 PM
I 'm not talking about jeans, i'm talking boxers, but I like wranglers alot. i just figured if i was gonna go out sagging i had to wear something nicer
Hey never know, the hard core Texas Reds probably wear the Wrangler Boxers. :D
acmanko
02-15-2009, 03:17 PM
Hey never know, the hard core Texas Reds probably wear the Wrangler Boxers. :D
I was going to go commando with my Wranglers on, but it was a bit cold out
mrs reb77
02-15-2009, 04:04 PM
Please! Protect us all from THAT! :eek:
acmanko
02-15-2009, 04:18 PM
Please! Protect us all from THAT! :eek:
I took a foto, maybe i'll make it my avatar
RoBoTeq
02-15-2009, 04:26 PM
I took a foto, maybe i'll make it my avatar
If you took a photo of your going commando in the cold, you'd better have a good method of blowing up that shot:rolleyes:
acmanko
02-15-2009, 04:28 PM
If you took a photo of your going commando in the cold, you'd better have a good method of blowing up that shot:rolleyes:
Now that was funny, but I don't have that worry
joe123
02-17-2009, 11:58 AM
Not as beautiful drop as that 381 drop, but the markets are TANKING Today.
It all started with the Japanese markets tanking over the weekend. Dow down 271 now.
Oh My! :D
2hot2coolme
02-17-2009, 12:49 PM
I'm gonna be in Chicago next month.
Whereabouts? Whatcha gonna be doing here?...
me070604
02-17-2009, 01:30 PM
Were you born with your current mental capacity or did you sniff a lot of glue growing up?
Like most sheep...he is just following and believing what the media has been feeding for 8 years.
RoBoTeq
02-17-2009, 10:41 PM
Whereabouts? Whatcha gonna be doing here?...
Gonna be at the Embassy Suites Hotel O'Hare-Rosemont March 22-24. Will probably only have Sunday evening, the 22, as free time.
joe123
02-20-2009, 03:54 PM
What a HIT the stock market took this week.
Oh man, wait till panic sets in - it's going to get ugly :eek:
acmanko
02-21-2009, 06:13 AM
It got ugly under Bush, -6000 points
RoBoTeq
02-21-2009, 11:29 AM
It got ugly under Bush, -6000 points
Then again, President Bush did not claim to be the saviour of our country and didn't have billions of dollars to throw at each and every issue that arose.
With the way President Obama is pumping money into corporations and the government, you would think we should be doing fine about now. Instead, all that is happening is that our government is forcing our corporations and banks to be beholding to our government. Had that money been injected into to general population with the conditions that all money paid to those who owed debts had to use that money to pay their debts first, we would right now be right as rain. The American citizens would be free of the debt created, the banks would have their money back from the paid debts and corporations would again be seeing money being once again spent for their products.
Instead, trillions of dollars have just been used in order for a few thousand politicians to take over our country. We no longer have a government of the people. Our government has now become a dictatorial group of politicians who are ruling over it's citizenry with a Socialistic heavy hand.
OK, it has not come this far....yet.
acmanko
02-22-2009, 07:43 AM
Then again, President Bush did not claim to be the saviour of our country and didn't have billions of dollars to throw at each and every issue that arose.
With the way President Obama is pumping money into corporations and the government, you would think we should be doing fine about now. Instead, all that is happening is that our government is forcing our corporations and banks to be beholding to our government. Had that money been injected into to general population with the conditions that all money paid to those who owed debts had to use that money to pay their debts first, we would right now be right as rain. The American citizens would be free of the debt created, the banks would have their money back from the paid debts and corporations would again be seeing money being once again spent for their products.
Instead, trillions of dollars have just been used in order for a few thousand politicians to take over our country. We no longer have a government of the people. Our government has now become a dictatorial group of politicians who are ruling over it's citizenry with a Socialistic heavy hand.
OK, it has not come this far....yet.
then again, President Bush and his minions still reflect on how well he kept us safe.
Now back to topic. As long as oil has the potential to reach 147.00 a barrel, every Business is over valued and is reflecting it in their stock prices. It is strange though, with Mr Bush in control, the market would drop by as much as 600 points at a time, so 300 point swings are some improvement.
RoBoTeq
02-22-2009, 10:43 AM
then again, President Bush and his minions still reflect on how well he kept us safe.
Now back to topic. As long as oil has the potential to reach 147.00 a barrel, every Business is over valued and is reflecting it in their stock prices. It is strange though, with Mr Bush in control, the market would drop by as much as 600 points at a time, so 300 point swings are some improvement.
And we will probably never realize just how much more we were kept safe then we have been allowed to know without revealing things we need not to reveal.
Muslims worldwide have been thumping their chests about how badly they are going to attack and kill Americans. Yet, while other countries continue to be attacked, the U.S. has not been. Even you can do that math mancow.
mrs reb77
02-22-2009, 11:02 AM
Maybe he can but I'm betting he won't :D
Why again are we harking back to Bush to compare the beginning of the messiah's reign? Might just as well go all the way back, Clinton, Bush, Reagan and Carter...nope. What's going on now is Obama's responsibility. If everyone swears that what's gone on in the past was that president's responsibility then today should be NO DIFFERENT.
acmanko
02-22-2009, 11:46 AM
Maybe he can but I'm betting he won't :D
Why again are we harking back to Bush to compare the beginning of the messiah's reign? Might just as well go all the way back, Clinton, Bush, Reagan and Carter...nope. What's going on now is Obama's responsibility. If everyone swears that what's gone on in the past was that president's responsibility then today should be NO DIFFERENT.
well, for once, you are correct, there is no difference.
and for those who don't know, when a soldier is attacked in Iraq or afghanistan, while in a soveriegn vehicle or base owned by the US , we are attacked indirectly
RoBoTeq
02-22-2009, 12:32 PM
well, for once, you are correct, there is no difference.
and for those who don't know, when a soldier is attacked in Iraq or afghanistan, while in a soveriegn vehicle or base owned by the US , we are attacked indirectly
What a bullcrap manipulation and disregard for the very brave and honorable Americans who volunteer to fight in hostile nations overseas in order to keep us safer here at home.
This one was not humorous mancow. This one was insulting to the intelligence and ethics of all Americans, expecially you.
acmanko
02-23-2009, 10:17 AM
What a bullcrap manipulation and disregard for the very brave and honorable Americans who volunteer to fight in hostile nations overseas in order to keep us safer here at home.
This one was not humorous mancow. This one was insulting to the intelligence and ethics of all Americans, expecially you.
It was not meant to be humorous. It is a revelation of tragic facts that some in this country chose to ignore. Every piece of equipment used by our military is considered sovereign US property. For anyone to think otherwise makes them a disgrace to the country as a whole.
joe123
02-23-2009, 11:40 AM
Please stick to the subject at hand, or start another thread.
As for the subject at hand, the DOW continues to slide today :D
What a BEAUTIFUL DROP it took last week when the details of the so called "Stimulus Package" was revealed and wall street took action. More fun to come folks.
Hope you are not invested in the stock market!
RoBoTeq
02-23-2009, 11:54 AM
Please stick to the subject at hand, or start another thread.
As for the subject at hand, the DOW continues to slide today :D
What a BEAUTIFUL DROP it took last week when the details of the so called "Stimulus Package" was revealed and wall street took action. More fun to come folks.
Hope you are not invested in the stock market!
Yea, good luck with that sticking to the subject thing:rolleyes:
bootlen
02-23-2009, 11:58 AM
Apparently nobody got the news to AC that W is no longer POTUS.
RoBoTeq
02-23-2009, 12:07 PM
Apparently nobody got the news to AC that W is no longer POTUS.
It'll come to him one day in a flashback:rolleyes:
mrs reb77
02-23-2009, 04:42 PM
Lost another 250 today....lowest since 1997.
http://money.cnn.com/2009/02/23/markets/markets_newyork/index.htm
:(
joe123
02-23-2009, 04:57 PM
Lost another 250 today....lowest since 1997.
http://money.cnn.com/2009/02/23/markets/markets_newyork/index.htm
:(
Another glorious Reality check. So beautiful, so real! :D
Sellers are stepping over each other to sell first!
Back to 1997 levels.
Hopefully not going back to 1929 levels.
bootlen
02-23-2009, 07:17 PM
Before the stimulus, I said it'd level at 7k. It'll probably drop below a thou now.
whec720
02-23-2009, 07:20 PM
That's some change you can believe in.
joe123
02-23-2009, 07:24 PM
Yes, Change you can believe in alright. People forgot to ask change in which direction? :D
After all is said and done, what a BEAUTIFUL DROP with NO BOTTOM in site.
I know of one indivual heavily loaded in the stock market - he must be in shock right about now. :eek:
Richard Kletty
02-23-2009, 07:31 PM
These guy are unloading their stuff so fast its making the head of the POTUS spin right now.
He knows he is in deep doo doo already. He gambled and lost.
He'll spend the remainer of his term trying to dig himself out of the hole.
The still higher than average approval rating? It will catch up. Just watch.
RoBoTeq
02-23-2009, 11:06 PM
My guess is that the elitists of the world are driving the markets down in order to devalue the investments of any who weren't at least multi-millionaires. Once everyone who below elitist level sells, the worlds elite will buy up all shares.
Add this to the Nationalising of banking and industry and the socializing of citizens in most major countries, and we will soon have a new world order of elitists taking care of the common folk, just like in good old fuedal Dark Ages.
acmanko
02-24-2009, 06:50 AM
we have Bush living less than 20 miles from us and some here act like hes still the president.
as for the stock market, it is irrelevant to all but institutional investors at this point, anyone that still has money tied up in equities probably thinks Bush was a good President
The Doctor
02-24-2009, 07:08 AM
It's not about Mr. Bush at this point. The scheme is a cradle-to-grave nanny state, brought to you by most members of both parties.
All this in the name of central banking, which was conceived to reduce or eliminate the volatility. Be educated by central planners, work during your life of debt, and pass on a life view of indebtedness, and "retire" in worship of the central planners.
Oops, don't look now! It's not working.
RoBoTeq
02-24-2009, 07:09 AM
My personal financial gain or loss has nothing to do with why I know that President Bush was a good president. He wasn't great because he wasn't diverse enough in all areas of governing. He was however exactly what we needed for the times and for the events that occured during his presidency.
acmanko
02-24-2009, 07:19 AM
My personal financial gain or loss has nothing to do with why I know that President Bush was a good president. He wasn't great because he wasn't diverse enough in all areas of governing. He was however exactly what we needed for the times and for the events that occured during his presidency.
If he was so great, how come the market has given back all the gains its made in the last ten years and brought us back to the Clinton era?
me070604
02-24-2009, 09:32 AM
My guess is that the elitists of the world are driving the markets down in order to devalue the investments of any who weren't at least multi-millionaires. Once everyone who below elitist level sells, the worlds elite will buy up all shares.
Add this to the Nationalising of banking and industry and the socializing of citizens in most major countries, and we will soon have a new world order of elitists taking care of the common folk, just like in good old fuedal Dark Ages.
My feelings exactly..very well put.
whec720
02-24-2009, 02:20 PM
I all boils down to the general American public, which has several choices;
-Be personally independent and be susceptible to risk.......or.................
-Be dependent on government and be silent.
-Think for yourself and enjoy the freedom of making your own decisions....or..
-Let others think for you and be at the mercy of your decision makers.
Enjoy the check in the mail, America!:)
jrbenny
02-24-2009, 02:25 PM
A local radio personality commented today, "I wish President Obama would just shut up for a few days and let the market recover. The market crashes every time he mentions saving it."
k-fridge
02-24-2009, 04:22 PM
A local radio personality commented today, "I wish President Obama would just shut up for a few days and let the market recover. The market crashes every time he mentions saving it."
He's right. Obama's mouth is doing more damage right now than anything.
mrs reb77
02-24-2009, 04:43 PM
Yeah, but I don't think he has a corner on that market. Mr. Dodd did his thing the other day too.
RoBoTeq
02-24-2009, 06:11 PM
If he was so great, how come the market has given back all the gains its made in the last ten years and brought us back to the Clinton era?
Did you even read my post you responded to? Your response makes no sense.
RoBoTeq
02-24-2009, 06:24 PM
A local radio personality commented today, "I wish President Obama would just shut up for a few days and let the market recover. The market crashes every time he mentions saving it."
Absolutely. President Obama is not only babbling on every day, most things he says one day are in a different direction the next.
The president tells us Americans that he is going to make it so Americans can go back to work producing American made goods for Americans to buy and then tells the Canadians he has no intentions of having Americans only buy American products. Does he not know the media is worldwide?
Within literally hours, the president went from not making any knee jerk reactions to send 5,000 more troops to Afghanistan that were requested by his military advisors to making the announcement he was sending 14,000 more troops to Afghanistan.
The president has been just throwing money we don't have at every organization, even forcing those who don't want loans to take them or be on his crap list, and the next week he comes out and makes the claim that he is going to cut Federal spending in order to halve the nations deficit by the end of his "first term". I've got whiplash from trying to keep up with which way this president is taking anything he touches, and he seems to want to have his hands in everything.
It also seems that by the direction even NPR discussions are going that President Obama is making even his past supporters uneasy.
No matter if President Obama turns out to be the worst president in the history of the U.S., and that would take some doing to surpass Buchannan and the first Johnson, he will probably just pull the same act that other Illinois politicians pull and just refuse to leave office.
acmanko
02-24-2009, 07:30 PM
I suppose ya'll would be happy if he were to take a week or two of vacation like his predecessor
RoBoTeq
02-24-2009, 08:30 PM
I suppose ya'll would be happy if he were to take a week or two of vacation like his predecessor
At the way things are going, I'd be happy if he took an early retirement.
Speaking of useless babbling, anyone who has an ounce of sense and has kept up on President Bush's alleged vacations knows that most times that President Bush was taking time from DC to be on his ranch, he was also conducting business with the many dignitaries he met with on his ranch.
President Bush did not wasting the taxpayers money by going places for vacation or even out to dinner. President Bush felt that it was just too costly with his need for security outside of the White House and his ranch, which had full time security anyway.
On the other hand, President Obama has already visited more restaurants as president then President Bush did in his entire time in office. On top of that, President Obama cost taxpayers big time with his theatrical signing of the "stimulus" rather then just doing his job from his office in DC. Nothing like having a president who costs the taxpayers a bundle with the way he signs a bill that is costing taxpayers a bundle.
And this comes from the man who claims he is going to stop unnecessary government spending. "Change that we can believe in"? If it wasn't happening while we all are just standing around watching it happen, I wouldn't "believe" it.
glennac
02-24-2009, 08:57 PM
I suppose ya'll would be happy if he were to take a week or two of vacation like his predecessor
Perhaps you need to lay down the bong pipe and turn off the hippie music (age of Aquarius, etc.) and look at reality. Your guru Obama and the commie Democrats are sending this country to hell in a hand basket with all their trillions of spending on pork and BS.:eek:
RoBoTeq
02-24-2009, 11:33 PM
I love hippie music; http://www.youtube.com/watch?v=w3I1y3jHgxA&feature=related
My favorite version, from the rock-opera, which I've seen three times with different casts; http://www.youtube.com/watch?v=X_74qLAAd7w&feature=related
acmanko
02-25-2009, 06:52 AM
At the way things are going, I'd be happy if he took an early retirement.
Speaking of useless babbling, anyone who has an ounce of sense and has kept up on President Bush's alleged vacations knows that most times that President Bush was taking time from DC to be on his ranch, he was also conducting business with the many dignitaries he met with on his ranch.
President Bush did not wasting the taxpayers money by going places for vacation or even out to dinner. President Bush felt that it was just too costly with his need for security outside of the White House and his ranch, which had full time security anyway.
On the other hand, President Obama has already visited more restaurants as president then President Bush did in his entire time in office. On top of that, President Obama cost taxpayers big time with his theatrical signing of the "stimulus" rather then just doing his job from his office in DC. Nothing like having a president who costs the taxpayers a bundle with the way he signs a bill that is costing taxpayers a bundle.
And this comes from the man who claims he is going to stop unnecessary government spending. "Change that we can believe in"? If it wasn't happening while we all are just standing around watching it happen, I wouldn't "believe" it.
Bush’s dig at Congress for being on vacation is ironic, as he rivals Ronald Reagan for the title of “presidential vacation-time record holder.” Some highlights of Bush’s time away from the office:
– Attended 95 sports-related events.
– Made 74 trips to his Crawford ranch, for a total of 466 days.
– Made 142 trips to Camp David, for a total of 450 days.
– Attended 327 fundraising events for Republican candidates and causes
for a total of almost 3 years of 8 spent on vacation and dinner
The Doctor
02-25-2009, 07:11 AM
This just in! America has elected a new president. Bush is gone
You can let it go now.
How about a prediction on how low the Dow will go now.
I'm still shy of a 7,000 point guess.
acmanko
02-25-2009, 07:36 AM
This just in! America has elected a new president. Bush is gone
You can let it go now.
How about a prediction on how low the Dow will go now.
I'm still shy of a 7,000 point guess.
Yes, I know Bush is gone, but any critique of Obama has only a comparison of Bush to critique.
I predicted months ago that the Dow would hit 7000. do a search if you don't believe me.
But wit GM stock hitting a 70 year low , the other components of the Dow are not far behind. So any number is possible . 5000 or less would not be unreasonable as the Dow has been overvalued for the last 10 years. werever it lands is irrelevant to middle income taxpayers as they have no business being in the market unless they have $100,000.00 or more to lose.
joe123
02-25-2009, 12:42 PM
Yesterday, the DOW closed positive in anticipation of Obama's speech.
Today, the day after Obama made his National Speech, the markets are GOING DOWN!
The Markets always gamble on the future and the markets knows that we are SCREWED going forward! :D
joe123
02-26-2009, 05:06 PM
Another DOWN DOW day since Obama's National Speech on how the BAIL-OUT money is going to be spent.
The future looks really awful people. :(
At least Pelosi had a huge grin on her face during Obama's speech. I saw dollar signs in her eyes! :D
acmanko
02-26-2009, 05:12 PM
Another DOWN DOW day since Obama's National Speech on how the BAIL-OUT money is going to be spent.
The future looks really awful people. :(
At least Pelosi had a huge grin on her face during Obama's speech. I saw dollar signs in her eyes! :D
You know, I've not lost a penny in the market, its only relevant to those who invest in it. I've watched people in their 60 lose their retirement to bear markets in the 60's, 70's, 80's, 90's and twice this decade. The market is designed to make investment bankers rich off of ordinary people seeking high returns. A fool and his money is easily seperated
joe123
02-27-2009, 04:38 PM
A fool and his money is easily seperated
I personally know of a fool (not me) who has been investing since the 70's doing quiet well. He is a regular person and has made a pretty penny over many years and did not loose a penny during the 70, 80 or 90's.
Last I talk to him a year ago, he was heavily invested in the stock market and his luck probably ran out this time as he must have lost his shirt by now. But for a long time, he did make a good amount of money - again, probably lost it all now. I have not gotten the courage to ask him how his porfolio is doing :eek:
joe123
02-27-2009, 04:43 PM
Yes, another GLORIOUS DOWN day for the STOCK Market.
DOW ended -119 DOWN today.
CitiGroup lost almost 40% in one single day right after Obama said Gov is taking over Citigroup.
The DOW stock market has consitently closed in the RED ever since Obama's speech to the nation.
Since the stock market bets on the future health of the economy, things don't look good going fowards.
Change you can believe In! :D
joe123
03-02-2009, 11:18 AM
Markets barely open and we have another GLORIOUS and BEAUTIFUL TANKING tanking of the Stock Market.
DOW falls (http://finance.yahoo.com/news/Wall-Street-tumbles-anew-as-apf-14512011.html) below 7,000.
Market took a DIVE right after Obama won the election. Markets have kept on falling consistanly since Obama's national speech.
To think that this is just the begining - wait til we have 8 more years of OBAMA-nation! :D
kp mccaff
03-02-2009, 11:22 AM
yeah.... "this time it's different!"
joe123
03-02-2009, 11:30 AM
yeah.... "this time it's different!"
Change YOU can believe IN! :D
Last night I was talking to my aunt who voted for Obama worried about Obama very "ambitious" taking with all of the Trillions he wants to spend.
I pretty much said to my aunt NO SH*T. You voted for him aunty and Obama has not LIED and he is making good on his campaign promises.
I will give Obama credit - he has not lied and he is being truthful to his word. :D
acmanko
03-02-2009, 04:56 PM
wow, the market was overvalued in 1996 and now its returned to that level. with a little luck, the market will continue to fall and wipr out the 90's. life was good in the 80's
I prefer the 70's
those hair bands of the 80's were scary
never again do I want to hear Duran Duran:p
joe123
03-02-2009, 05:06 PM
Markets closed today with the DOW DOWN -299.
Beautiful and Glorious -299 on top of everything it already has lost.
Hello 5,000 DOW.
Oh My!
me070604
03-02-2009, 05:08 PM
I agree..we will see 5000 before it turns.:eek::(
acmanko
03-02-2009, 05:11 PM
I hope bread goes below a dollar a loaf
mrs reb77
03-02-2009, 05:35 PM
Won't be able to afford it. ;)
Duran Duran :eek: Flock of Seagulls :eek::eek:
I can think of much better things that came from the 80's. Madonna sure isn't one of them though.
joe123
03-03-2009, 12:01 PM
Yesterday, the markets TANKED with the DOW ending DOWN -299.
Today, the DOW open higher and all seemed well for the first hour but the tides have now TURNED RED.
The DOW is now a beautiful RED and heading SOUTH.
Wall Street drifts lower a day after massive DROP! (http://finance.yahoo.com/news/Wall-Street-bounces-a-day-apf-14526347.html;_ylt=Aqkj3qwEL3_RwyklPkd6PUa7YWsA)
I hope bread goes below a dollar a loaf
At the rate they are getting us in debt we will be like a lot of countries. That loaf of bread will cost you a wheel barrel of american dollars.
Our money won't be worth anything.
Just like raising the amount that your money is insured for in the banks from $1000,000 to $250,000 or what ever. Not a problem being your money is not worth as much anymore anyway.
Country is broke ...... who cares what it insured for if its not worth anything.
Just be glad you have a trade you can at least do trade labor to put food on your table.
What does a banker or stock broker have as far as some skill to trade for food to eat :confused:
joe123
03-03-2009, 12:23 PM
What does a banker or stock broker have as far as some skill to trade for food to eat :confused:
They have your tax dollars that Obama, Pelopsi and Barney Frank will insure that the people who are worthless, will get tax money for doing nothing.
Wealth re-distribution. Change YOU can believe IN! :D
What does a banker or stock broker have as far as some skill to trade for food to eat :confused:
I have some more fence that needs mending
they can do that and I will pay them in bread :D
mrs reb77
03-05-2009, 02:31 PM
Yes, 6,647.49 is the currently reported level after dropping 228.35 so far today.
http://start.localnet.com/article.php?article=D96O21Q80.html
Starting to look like the limbo....'how looooowwww can you go?'
jrbenny
03-05-2009, 02:31 PM
I've already began the bank account draw down. ;)
mrs reb77
03-05-2009, 02:33 PM
I'm hearing good things about investing...in guns! ;)
jrbenny
03-05-2009, 02:37 PM
Guns, canned veggies, and spam. Maybe some vienna sausages, too.
5,000
right around the corner
spam is good, gotta love food that you can carve into any shape you want before eating.
and vienna sausages, ever try the smoked flavor ones, great for fishing.
I wish I could find them with the hot sauce already in them like they do with sardines. Its a pain to have to carry extra hot sauce all the time.
jrbenny
03-05-2009, 03:02 PM
Just preparing for that CHANGE!
acmanko
03-05-2009, 03:14 PM
lets see, the DJI fell 6000 points under Bush and 1000 under Obama, Everyone was sleeping during the good stuff
jrbenny
03-05-2009, 03:35 PM
6000 points in 1.25 years.
1500 points in 6 weeks.
The messiah isn't gonna have 1.25 years before it equals zero.
acmanko
03-05-2009, 03:41 PM
6000 points in 1.25 years.
1500 points in 6 weeks.
The messiah isn't gonna have 1.25 years before it equals zero.
Your memory is not so good today, I recommend Pomegranate juice. Under Senor Bush, the market crashed twice. And what is wrong with a 2000 point market. GM stock is where it was 80 years ago , so theoretically 2000 is overvalued.
mrs reb77
03-05-2009, 03:45 PM
If I recall, there were some record high booms in the Bush years. 2006, before the elections....when the Democrats came to power in Congress...hey, isn't that about when the current downturn started?
jrbenny
03-05-2009, 03:47 PM
My memory is just fine. I looked at the peak market (10/07) and did some math. You can too when the fog lifts.
The President is an easy target these days. However, I started pulling my money for other reasons besides his message of panic and despair.
http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=alsJZqIFuN3k
My gun purchases have accelerated because of my concern with the change in executive order detailing the civilian national security force. All references to 'overseas' have been removed. They are clearly laying the way for military force in the US.
acmanko
03-05-2009, 03:49 PM
My memory is just fine. I looked at the peak market (10/07) and did some math. You can too when the fog lifts.
The President is an easy target these days. However, I started pulling my money for other reasons besides his message of panic and despair.
http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=alsJZqIFuN3k
My gun purchases have accelerated because of my concern with the change in executive order detailing the civilian national security force. All references to 'overseas' have been removed. They are clearly laying the way for military force in the US.
well, I pulled mine back in July of 2008, I new Bush built a house of cards that would fall apart regardless of who won the election
hmmmm lets see
6000 points in 65 weeks
thats 92.3 per week
1500 in 6 weeks
thats 250 per week
250 per week times 65 weeks
thats 16,250
for the same 1,25 years
they both sound the same to me:rolleyes:
acmanko
03-05-2009, 03:56 PM
If I recall, there were some record high booms in the Bush years. 2006, before the elections....when the Democrats came to power in Congress...hey, isn't that about when the current downturn started?
Recall all you want, those booms were lost befors 1-20-2009
If I recall, there were some record high booms in the Bush years. 2006, before the elections....when the Democrats came to power in Congress...hey, isn't that about when the current downturn started?
I do believe your right
but yet it still seems to be Bush's fault
same old partisan crap
mrs reb77
03-05-2009, 04:01 PM
Your memory is not so good today, I recommend Pomegranate juice. Under Senor Bush, the market crashed twice. And what is wrong with a 2000 point market. GM stock is where it was 80 years ago , so theoretically 2000 is overvalued.
And they've borrowed billions from the taxpayers that will never be paid back when they file for bankruptcy very shortly....
acmanko
03-05-2009, 04:02 PM
hmmmm lets see
6000 points in 65 weeks
thats 92.3 per week
1500 in 6 weeks
thats 250 per week
250 per week times 65 weeks
thats 16,250
for the same 1,25 years
they both sound the same to me:rolleyes:
You Bushies like fuzzy math
jrbenny
03-05-2009, 04:02 PM
Bush ticked me off with the auto deal.
He was worried about his legacy.
mrs reb77
03-05-2009, 04:03 PM
Recall all you want, those booms were lost befors 1-20-2009
Yeah, started about the time the Democrats took Congressional majority and has been downhill ever since. Just picked up steam since the Presidential slot went Democrat.
acmanko
03-05-2009, 04:04 PM
Bush ticked me off with the auto deal.
He was worried about his legacy.
I was not happy with that deal or TARP. I prefer the chaos of economic doom
mrs reb77
03-05-2009, 04:05 PM
Bush ticked me off with the auto deal.
He was worried about his legacy.
That should never have been done..it opened the door for every one with their hand out! The Bank/Wallstreet deal was bad enough but at least the Banks were federally insured so it 'seemed' like the right direction.
mrs reb77
03-05-2009, 04:06 PM
My! ac and I have the same opinion! :eek:
acmanko
03-05-2009, 04:06 PM
Yeah, started about the time the Democrats took Congressional majority and has been downhill ever since. Just picked up steam since the Presidential slot went Democrat.
The market started its fall in November of 2008 at which time it was still bumping 14000. But as economists have been saying for years, the market was overvalued. Its just that for some reason, Americans like to buy high and sell low
jrbenny
03-05-2009, 04:07 PM
I was not happy with that deal or TARP. I prefer the chaos of economic doom
At least, we wouldn't be leveraged for three generations with economic doom.
Now, 30somethings grandkids' kids will be paying our bills.
acmanko
03-05-2009, 04:09 PM
My! ac and I have the same opinion! :eek:
We always have, but you are fundamentally paranoid of admitting that which would credit you:D
acmanko
03-05-2009, 04:11 PM
At least, we wouldn't be leveraged for three generations with economic doom.
Now, 30somethings grandkids' kids will be paying our bills.
thats totally false. the tax that payed for the Spanish-American War was just lifted from telephone bills last year. How many phones do you have and joyfully paid the tax
mrs reb77
03-05-2009, 04:56 PM
http://money.cnn.com/2009/03/05/markets/markets_newyork/index.htm
This statement from the article is interesting...
Stocks have been sliding on and off since peaking in October 2007 amid the housing and credit market collapse and the onset of the recession - which technically began in December 2007.
But the declines have picked up the pace year-to-date in response to growing pessimism about the economy. As of Wednesday's close, the Dow is down 21.6% this year, the worst start in the 113-year history of the Dow.
(bolding is mine...)
whec720
03-05-2009, 05:02 PM
http://money.cnn.com/2009/03/05/markets/markets_newyork/index.htm
This statement from the article is interesting...
Stocks have been sliding on and off since peaking in October 2007 amid the housing and credit market collapse and the onset of the recession - which technically began in December 2007.
But the declines have picked up the pace year-to-date in response to growing pessimism about the economy. As of Wednesday's close, the Dow is down 21.6% this year, the worst start in the 113-year history of the Dow.
(bolding is mine...)
Wall street doesn't trust the government running the banks. Who can blame them for that? Obama and the Democrats are economic thugs. Nobody trusts them. Look for the Dow to drop even further.
joe123
03-05-2009, 05:35 PM
BOTH parties and many others are to blame.
Bush and Crooks did everything they could in the past 3-4 years to keep the economy from doing a healthy and needed recession. The reason for that was that no one was going to support a war with a country in a recession, so the pending recession was pushed and pushed and it got worse and worse.
Barney Frank add fuel to the fire by forcing banks to lend to those who could not pay.
Obama is adding JET FUEL to the fire by spending in things that will NOT help the economy and will make things MUCH WORSE in the years to come and could, in my opinion, bring about a Depression.
Stop drinking the kool-aid for those of you who think it's the blame of one party only.
mrs reb77
03-05-2009, 05:49 PM
A great deal of the mess we are in is the Government's fault, no question. I would suggest the dearth of real conservatives in Government is a major component as well.
The Government cannot mess up that which they aren't involved with in the first place--our economy should be that.
joe123
03-05-2009, 06:20 PM
A great deal of the mess we are in is the Government's fault, no question.
Yes.
Look, people in general will take advantage of anything if you let them. Some are honest, some are not and if someone can steal millions / billions and get away with it, they will.
Unfortunately, all it takes is for a few 10-20% of the population (the bad people) to mess everything and take down everyone else including them selfs.
Barney Frank PUSHED for banks to lend to those who could not afford a home. Many abuse it and here we are. 90% of the good people today are making their home payment, while 10% are failing - the idiots who could not afford to begin with.
That 10% of idiots is casing much of the banking / insurance failures.
Now Obama is adding FUEL to the fire by having the 90% of good people BAIL-OUT those 10% idiots and here is where is gets better: After the BAIL-OUT, in 2-3 years from now, those same idiots who cannot afford today, will not be able to afford then and things will be really bad with super inflation and no more bail-out money.
Nothing could be a better setup for a Depression than the setup we have today!
Beautiful Clip of O'rielly and Barney Frank where Frank tried to cover up what he did (http://www.youtube.com/watch?v=RAuOEdttjZQ)
Change YOU can believe IN! :D
joe123
03-05-2009, 10:02 PM
Today, we had another BEAUTIFUL, GLORIOUS DOWN Market Day.
DOW DOWN -281.
It does not get any prettier than that folks :D
Change YOU can believe IN!
acmanko
03-05-2009, 10:27 PM
Today, we had another BEAUTIFUL, GLORIOUS DOWN Market Day.
DOW DOWN -281.
It does not get any prettier than that folks :D
Change YOU can believe IN!
yes it can and will
joe123
03-06-2009, 12:19 PM
DOW started green but then turned south with the news of unemployment report. DOW is currently flat.
Anyone wants to take a guess which way it will close today? Green or Red?
I vote for RED. :D
jrbenny
03-06-2009, 04:13 PM
GREEN
Weird market today.
acmanko
03-06-2009, 05:02 PM
its really irrelevant, isn't it.
glennac
03-06-2009, 05:23 PM
its really irrelevant, isn't it.
Well it might be relevant to those that depend upon the "trickle down" theory, hey ace.:D
whec720
03-06-2009, 05:25 PM
Wall Streets new banner. Check it out!
http://news.newsmax.com/images/13627/OBAMA.1.jpg
acmanko
03-06-2009, 05:34 PM
Well it might be relevant to those that depend upon the "trickle down" theory, hey ace.:D
or the trickle up theory
whec720
03-07-2009, 02:27 PM
or the trickle up theory
Yeah, like a toilet when it backs up.
acmanko
03-07-2009, 04:43 PM
Yeah, like a toilet when it backs up.
keep your pipes clean and that's one worry you'll never have.
whec720
03-07-2009, 05:13 PM
keep your pipes clean and that's one worry you'll never have.
Who will do the work to keep them clean? Everyone wants to be on the tete, waiting for that check to come in the mail.
acmanko
03-07-2009, 08:22 PM
Who will do the work to keep them clean? Everyone wants to be on the tete, waiting for that check to come in the mail.
I believe its GenerationX and Generation Y's turn to carry the load. The Boomers are gonna quit spending and save what they got. Now the younger generations either have to take the heat or get out of the kitchen.
whec720
03-07-2009, 09:14 PM
I believe its GenerationX and Generation Y's turn to carry the load. The Boomers are gonna quit spending and save what they got. Now the younger generations either have to take the heat or get out of the kitchen.
The kitchen is too good for them. They are not up to the task. You'll have to make your own lunch.
Boomers launched the entitlement lifestyle......now deal with the results.
acmanko
03-07-2009, 09:44 PM
The kitchen is too good for them. They are not up to the task. You'll have to make your own lunch.
Boomers launched the entitlement lifestyle......now deal with the results.
Boomers have got what they wanted when they wanted it. Nothing has changed
whec720
03-07-2009, 09:52 PM
Boomers have got what they wanted when they wanted it. Nothing has changed
Sure it has...you got Obama. There is your change.
joe123
03-09-2009, 06:12 PM
Friday, stocks headed DOWN with force only to end green with last minute bargain hunters.
Today, Monday, reality sets in and "bargain" hunters were given the shaft and all profits were erased.
DOW ends with a beautiful and GLORIOUS RED color. :D
RoBoTeq
03-09-2009, 08:31 PM
At least one company is seeing a silver lining in the current events;
http://the.wailinglist.com/rd/9z1zb3alrk54h46p8ujfuq0d6sjjetjsqb6p3lm4a90
Get um while they last; http://site.despair.com/kleptocracy/
acmanko
03-10-2009, 06:46 PM
380 green points today. You can take your head out of the sand
RoBoTeq
03-10-2009, 08:50 PM
380 green points today. You can take your head out of the sand
As long as President Obama keeps making brash moves and keeps spitting in the faces of those who he claimed he was going to work with, the DOW will continue to go down for the most part. Todays slight bounce is just a hopeful hiccup.
acmanko
03-11-2009, 06:09 PM
more green today, and like the fall, nobody gets credit
whec720
03-11-2009, 08:21 PM
Pres signed the pork bill. Markets won't like that. More loss of public confidence in the governments ability to solve problems. You gotta laugh at what a bunch of douche bags we have in Washington.
RoBoTeq
03-11-2009, 08:38 PM
More division in Americans while our president becomes more and more like a South American dictator. He's now starting to sound like Bagdad Bob. Rember him? The guy who just flat out lied about the situation in Iraq as we could see what was really happening right behind him.
acmanko
03-11-2009, 08:55 PM
Both of you have lost your mind, any division going on today is limited to a section of the population that only wants failure. Your horse has drowned and you didn't get of in time. You are irrelevant, your party is irrelevant and your idealology is defunct. find a boat, cast off and see which country will take you. Good luck
Richard Kletty
03-11-2009, 09:30 PM
Why is Joe banned?
RoBoTeq
03-11-2009, 10:18 PM
Both of you have lost your mind, any division going on today is limited to a section of the population that only wants failure. Your horse has drowned and you didn't get of in time. You are irrelevant, your party is irrelevant and your idealology is defunct. find a boat, cast off and see which country will take you. Good luck
Wow! President Obama sure does have powers over these weak minded zombies.
Fancy that; the president is only divisional with people who don't agree with him. Hmmmm, how long are all of the zombamies going to agree with him? I'll bet that circle of the elite gets real small, real soon.
RoBoTeq
03-11-2009, 10:19 PM
Why is Joe banned?
Orders from the White House. He was making fun of an Obama nation.
whec720
03-13-2009, 07:39 PM
Looks like the bosses in Japan and China are getting irritated by our clumsy President. Not to worry, the messiah has spoken. Everything is fine and we, the U.S., are a sound investment.....:rolleyes:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aczImaq8KlBE&refer=home
acmanko
03-15-2009, 11:50 AM
9% gain, but Obama had nothing to do with it.
RoBoTeq
03-15-2009, 12:37 PM
9% gain, but Obama had nothing to do with it.
With the all out war on America past that President Obama has been engaged in since he took office, everything he does affects the market. It's good to see that something the president has done has been viewed as positive for a change.
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