Comments on: A Wall Street Week Of Biblical Proportions

With Talk Of An Impending Financial Armageddon, The Gov't Takes Unprecedented Action. But Where Will It Lead?

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by donnie9557 September 21, 2008 5:18 PM EDT
No.. corporate personhood is the notion that a company doesn''t need to be subjected to the whims of a political spin team.. and can go private.
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by rushlimpdrug September 21, 2008 5:15 PM EDT

I am not a wise man. I simply bow to the wisdom from truly wise people who draw from many thousands of years of hard bloody experience.
Posted by Bhoogren at 02:07 PM


What are you smoking? ?

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by ubrew12 September 21, 2008 5:15 PM EDT
curse914 said: "when you speak to me about Democrat malfeasance I do not see much of difference between the Parties. "

Boohgren is aware that the Bush Justice Dept launches investigations of Democrats at a rate 5.6 TIMES the rate of Republicans.

Thats what passes for ''justice'' in the Bush States of America.
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by donnie9557 September 21, 2008 5:11 PM EDT
''let de byytch think what she wants to..''
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by donnie9557 September 21, 2008 5:10 PM EDT
At some point in time a fella''s gotta tell himself: ''It don''t matter.. the pin on my lapel. The tie I''m wear''n.. The smell''a my shorts.
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by voidmaster-2009 September 21, 2008 5:07 PM EDT
Companies have become accustomed to doing as they please and getting away with it because 1) the law says they can and 2) anyone who questions it is labeled anti-business (read, communist).

I am now very anti-business; not communist. I do not believe in the government controlling everything. However, businesses -- especially large corporations -- at entities, not people. They are not entitled to rights. Only individuals have rights.
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by donnie9557 September 21, 2008 5:04 PM EDT
I haven''t changed my underwear in 7 years..
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by lawyer4321 September 21, 2008 5:02 PM EDT
WELLS FARGO BANK IS ROBBING THE AMERICAN TAXPAYER! The Bush bail out plan is the single largest heist in history. The plan gives all authority to spend $700 billion -- although it will wind up being $2 trillion -- to one man -- Secretary Paulson -- with NO OVERSIGHT and no ability for taxpayers to seek redress in a court of law. WASN''T IT LACK OF OVERSIGHT THAT GOT US IN THIS SITUATION IN THE FIRST PLACE? You want to know why the bill is written this way? Because Bush and his pals want to give all $700 billion to their buddies on Wall Street. They aren''t going to use that money to help out the local banks. No, because 3 or 4 of the largest banks -- with a few foreign banks thrown in -- are going to get $700 billion of taxpayer money to run their competitors out of business! This is an outrage! NO! And the only reason that they give for this is some vague threat that is going to destroy the world as we know it if we don''t do this. Really? What''s going to happen? I demand to know what you told Congress, Secretary Paulson! Are the Chinese going to nuke America if we don''t pay out interest payments? What''s going to happen that is so dire that you attempt this power grab? YOU HAD BETTER COME CLEAN WITH WHAT YOU MEAN, SECRETARY PAULSON! NO, no, and NO!
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by ubrew12 September 21, 2008 4:59 PM EDT
An auto company builts cars. A toothpaste company builds toothpaste. What does WallStreet build? Through money trading, it finds the proper value of other companies and concerns. This is valuable because money can efficiently be invested where it''ll do the most good.

How well does WallStreet do its job, when its largest houses can be functionally bankrupt and no one knows about it for years? Our entire financial sector has just been revealed to be worth $1 trillion less than we thought it was worth. What does it say about WallStreets ability to do its job (i.e. properly value companies), that something like this could happen? It tells me that we have a ''free market'' for all the other companies, and a closed=market-pyramid scheme for WallStreet bankers, who just got their payoff for being anti-capitalist about their own industry.
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by RuthCalabria September 21, 2008 4:56 PM EDT
The communists used to say that the capitalists would sell them the rope they needed to hang them. This has proved to be unnecessary. Instead we have seen our greedy pig ruling class hang themselves with their mortgage scam that backfired, and hang all of us in the process. To highlight their lunatic decadence and stupidity, we note the dribbling remarks of an upper class jerk by the name of Wayne Angel, a retired Fed Board member who owns his own seven homes and blames the economic meltdown on unions demanding more money for the workers! Did we really hear him say that!? Such callousness and the fact that he truly believes it (!) borders on a criminality that calls for the forced feeding of cake to Marie Antoinette%u2019s severed head. This bailout grand theft, soft peddled and hidden by media shills whose employment is at the discretion of said ruling class, the same crew of peppy liars who helped sell the War in Iraq that has been used as an excuse for the taking away of our freedom, fairness and justice in America, must be reversed. The upper class must go! ... matrix-evolutions

Mrs. Ruth and Dr. Peter V. Calabria - Lubbock, TX
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