Comments on: Stocks Take Record Tumble, Down 777 Points

House Rejection Of $700B Rescue Plan Sparks Steep Nosedive On Wall St.; Dow Suffers Largest One Day Loss In History

[jjp735i]

There is no real problem. Just ask Congress when they come back from their holiday break.

[msay3]

My condolences are with the retired people who lost so much of the money in 40lk''s and IRA''s that they depend on for much of their income at this time of their lives.. :-(

[omnibus66]

Republican economic policies created the situation. It now makes perfect sense that they will stand in the way of any proposed solution, unless that proposal somehow shifts blame to the Democrats.

Figure out how your life will change when you can''t buy gas or groceries, your electricity is cut off, your cell phone doesn''t work, and your credit cards are suspended. Then, if you are smart, make some preparations.

[panhandlpete]

Meanwhile, the Federal Reserve pumped $630 billion into the global financial system Monday, flooding banks with cash, trying to keep the crisis from worsening, Mason reports. (quoted from above report)

Did they do this before, during, or after the voting took place on the BAIL OUT legislation? Regardless, this amount was much more than the first proposed handout of the asked-for $700 BILLION.......so why are the markets reacting so negatively. Could it be because of the media hype of gloom predictions for the future?

Kudos to Congress for their actions. I wonder just how many voting FOR this legislation did so out of ''personal fear of loss of their own investments''!!!

[upto1947]

Lets see I own 3 businesses. Like I said looking for some of that FREE MONEY. Clening up scum is not much of a business.

[upto1947]

Newt Gingrich is in this and he is no good. He is the one with more than one girl friend. And at the same time was talking about Bill Clinton (D) I just heard he was saying on TV the Bailout was good, and then telling peopel not vote for the bailout. Sounds like something this no good would do. He should not even be able to walk the streets. He is scum.

[rickwar]

rickwar: Sounds like you must be buying into the fear and panic. You one of those crooks that are cying, wanting someone to give you some free money.


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Posted by Upto1947 at 06:47 AM : Sep 30, 2008

Lets see I own 3 businesses, my home is paid for, I''ve very little debt, and I''m buying stock on the downside I''ve been investing for over 40 years and been served well. Ups? Downs? yep, lose money on paper? Yes. But long term I''ve done very well.

And no, I don''t want or need anyones money and wrote my congressmen and senators yesterday NOT to support the bailout.

[rickwar]

"And lose this opportunity to make a mint on panic selling? Why?"

LOL! Got a make or lose a buck somehow!

[upto1947]

Bruce D. Riddle, CPA, CFP
Joe Biden: A person is not responsible for bills that are made by a corporation. If the corporation goes under that is to bad for anyone that is owe money. You would think, you being a big man and a CPA, you would know that.

[upto1947]

Bruce D. Riddle, CPA, CFP
BDR Associates, LLC
2401 Research Boulevard, Suite 101
Rockville, MD 20850

I hope you never get any money. Sounds like you screw the people who fly with your company. Bad to let every one know how bad you are. Could cost you. Hope iy does.