Comments on: Dow Takes Plunge

Key Index Closes Down 416 Points, Worst Trading Day Since 9/11

[hawksprings]

stevex47, I thought that during the Clintonian years when the surplus finally happened, that Congress was run by Republicans for the first time in what, 40 years?
And since Congress controls the pursestrings, I figured they should get credit.
I'm still confused.

"you know your country is screwed up when your #1 trading partner is a COMMUNIST country."
Posted by Dildooreilly:


I read your blogs over and over and over on these CBS news blogs every day and all that you do is bash "our country" - the U.S.

Why don't you post something of interest to people in "my country" or even better - go away and blog on your OWN country's news site.

Where the he11 do you live anyhow? I guess you must be jealous of us, seeing as how all that you do is complain about the U.S. every day.

[Syndicate]

If we had only put all the social security money in in the early 90's. Social Security would be fully funded. Remember when the DOW hit 3,000? If past performance could predict the future (which it doesn't) the dow would be at 72,000 by 2027.

[olebd]

American -

Caviar tastes on a tuna fish diet.

[dan9111]

I think China is only part of the story. With the scandal over the fraudulent claim that HIV is blocked by infant genital amputations, American male stocktraders just realized why they are so lousy in the bedroom. They will soon be on their way to the divorce court as they are overtaken by Chinese men who are intact, and now have all our money too thanks to Wal-Mart. That is the real story and I'm sticking to it.

[stevex47]

hawksprings,
"I was under the impression that with the Democratic takeover of Congress, everything was going to be better."

You were under the wrong impression. Given more than 5 minutes they'll again clean up the reich's mess (yet again).

Hey, where would we be now if we left the nut jobs the same deficit they left the good guys? Too bad we left them a surplus to start a bumbled "war".

[getcentered]

America:

High on money and low on cash.

[radiob-2009]

Could the Dem's takeover have something to do with this little crash?
Posted by HawkSprings

History of the stock market shows that with a democratic congress that the stock market and economy generally grow at 5.5% and with a republican controlled congress 3%. This is over the last 100 years that these studies have been done.The congress that now is in office is inheriting the spending, trade and tax policies of the former congress.

[bildooreilly]

you know your country is screwed up when your #1 trading partner is a COMMUNIST country. China is building a new nuke sub every 9 weeks thanks to all the "FREE TRADE" what a freakin scam...

[hawksprings]

I'm sorry, I'm so confused. I was under the impression that with the Democratic takeover of Congress, everything was going to be better.

Could the Dem's takeover have something to do with this little crash?

[inventagod]

BU$H

[bildooreilly]

Excellent idea crater, I'm sure they're working hard on stealing our money we've paid in all of our lives right now.

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MAYBE IF BUSH AND CO. HURRIES, THEY CAN GET THE SOCIAL SECURITY FUNDS IN ON THE GROUND FLOOR.
Posted by crater7 at 03:51 PM : Feb 27, 2007
+ report this comment

[crater7]

MAYBE IF BUSH AND CO. HURRIES, THEY CAN GET THE SOCIAL SECURITY FUNDS IN ON THE GROUND FLOOR.

[bildooreilly]

Hey at least we can still afford private jets and limos for politicians, all they gotta do is just keep on printing more money like they have been the last 6 years.

[bildooreilly]

This is what happens when you let two corrupt political parties, and their big business and corp media buddies scam the entire nation for decades, and I have a feeling this is just the tip of the iceberg.

[bildooreilly]

Well George, at least I'm happy to say I don't have a dime tied up in that racket. If you look at how much the dollar has devalued in the last 6 years you'll see that it has all been crashing all along.

-------------------------

The United States stock market is crashing!!!

Posted by george2221 at 03:17 PM : Feb 27, 2007
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[agnim]

U.S. Urged to Reveal Whereabouts of Prisoners Held in Secret Jails

More information has come to light about the CIA's network of secret overseas prisons. A Palestinian man named Marwan Jabour has told Human Rights Watch that he was held in a secret US prison in Afghanistan for nearly two years. According to Jabour, his clothes were taken from him when he arrived at the prison. He was left completely naked for a month and a half. He was chained tightly to the wall of his small cell so that he could not stand up. He was placed in painful stress positions so that he had difficulty breathing. And he was told that if he did not cooperate he would be put in a suffocating %u201Cdog box.%u201D For two years Jabour spent nearly all of his time alone in a windowless cell, with little human contact besides his captors. Jabour said, %u201CIt was a grave. I felt like my life was over.%u201D Based in part on information provided by Jabour, Human Rights Watch has released the names of 38 men believed to have been held in secret CIA prisons who have since disappeared. The group is calling on President Bush to account for the disappeared %u2013 all of whom are Muslim men

ANY AMERICANS?

[acauble1]

Here's some interesting sociological questions I have:

1. Is America more or less vulnerable to a terrorist attack in a 'down' economy?

2. Would Americans be more or less empathetic towards a terrorist attack in the U.S. (Taking into account, the psychee of the general population, if the economy is 'that bad', would people just not care if Wall Street was blown sky high)?

3. In a downward economy, would Americans be more or less likely to care about the problems faced internationally by terrorism or threats of terrorism?

4. Perhaps a $64 million dollar question:

If America goes into a recession later this year, tax revenues for the Federal government will also decline, thus making the national debt that much more challenging to reduce. Given that, the costs of such wars in the Middle East, especially Iraq, might seem even less popular because of its high cost and low results. Would more Americans demand a quicker exodus from Iraq, or the entire region in general?

[acauble1]

There are really two economies in the U.S. The economy for the wealthier 10% of the population, and then the economy for everyone else.

When energy/gas prices skyrocket, the wealtheir 10 just continue to tootle around in their Hummer(s) as if it's no big thing. For the working/middle class, forced to live in the outer reaches of any given metro area for the sake of affordability, a simple $.25 per gallon increase in gas causes the middle class folk to have to continue cutting into other household budgets. In some cases, those cuts end up being emergency savings, retirement savings, childrens' college savings, etc. Or, those cuts end up being the minimal discretionary income that is used to keep our economy going, (dining out, movies, or other forms of entertainment).

But again, the wealthier 10% are nearly immune to the monthly/weekly/daily budgetary sacrafices that the poor and middle class face everyday.

Now a huge drop in the stock market, then it tends to get felt by those in the upper income brackets.

The economy has NEVER been "great" or "good" for the middle class since the late 1990's. I need not mention all the reasons why, but needless to say, a recession would just take an economy, (for the middle class), that's already as fragile as a porcelain vase, and just drop it from a 10 story building!

[bildooreilly]

It's that Booming Economy again... haha... the dollar is down over 50% in 6 years and greenspam says we might be in for a recession after this booming economy where the dollar has lost over 50% of its value and inflation has soared... So tell me fools, about 2000-2001 gold was at $225 an oz, now it's at over $600 an oz, probably 675 by the end of today. So tell me suckers, did gold gain value or did the dollar lose value the last 6 years??? Think about that for awhile... Meanwhile both political parties are so worried about "Securing Iraq" they need to "Secure the economy" what a bunch of freakin crooks.