Comments on: Wall Street Takes A Tumble

Dow Jones Industrials Drop More Than 280 Points As Fed Minutes Fail To Soothe Investors

[forthepeopl1]

HR-AMERICANS BAILOUT!!!!!!!!!!!

WE THE PEOPLE OF THIS UNITED STATES OF AMERICA DO HEREBY AUTHURIZE OUR GOVERNEMNT TO SAVE ALL AMERICANS FROM LOSEING THEIR HOMES FROM ANY LENDING INSTATUTION

PLUS ALL CREDIT CARD COMPANY ARE ALSO BEING NAMED IN THIS ACTION.

IT IS TIME FOR CONGRESS TO HELP AMERICA INSTEAD OF ALL BIG MONEY LOBBIEST, THEY HAVE BEEN DOING FOR OVER 20 YEARS WITH YEAR AFTER YEAR BAILLING THEM OUT WITH AMERICANS TAX DOLLARS WITHOUT ASKING WE THE PEOPLE OF THIS UNITED STATES OF AMERICA FOR THE MONEY.

NOW ITS OUR TURN!!!!!!!!!!!!

[BlueInWI]

RE: "If credit is such a problem, why aren''''t banks paying double digit interest on savings and cd accts? Would seem like people with savings in banks etc, making it available for the banks to use should be compensated better for allowing the banks to hold our savings for us."

Savings and money market account interest is taxed at the ordinary income tax rate - another way to scr*w the middle class. Until Ronald Regan was president, interest on savings and interest paid on consumer loans was not taxed. Also, gratuities weren''t taxed either. That all changed when Reagan ''simplified'' the tax code.

[tnichlsn]

If credit is such a problem, why aren''t banks paying double digit interest on savings and cd accts? Would seem like people with savings in banks etc, making it available for the banks to use should be compensated better for allowing the banks to hold our savings for us.

[forthepeopl1]

TO ALL RECRUITS BETTER READ FIRST

"Because if we''''d gone to Baghdad, we would have been all alone. There wouldn''''t have been anybody else with us %u2014 it would have been a US occupation of Iraq. None of the Arab forces that were willing to fight with us in Kuwait were willing to invade Iraq. Once you got to Iraq and took it over, and took down Saddam Hussein''''s government, then what are you going to put in its place? That''''s a very volatile part of the world.

And if you take down the central government in Iraq, you could easily end up seeing pieces of Iraq fly off. Part of it%u2026uh%u2026the Syrians would like to have in the West. Part of the eastern part of Iraq the Iranians would like to claim, fought over it for eight years. In the north, you''''ve got the Kurds. If the Kurds spin loose and join with the Kurds in Turkey, then you threaten the territorial integrity of Turkey. It''''s a%u2026it''''s a quagmire, if you go that far in trying to take over Iraq.

The other thing was casualties. Uh%u2026everyone was impressed with that fact that%u2026uh%u2026we were able to do our job with as few casualties as we had. But for the 146 Americans killed in action and for their families, it wasn''''t a cheap war. And the question for the President in terms of whether or not we went on to Baghdad and took additional casualties in an effort to get Saddam Hussein, was how many additional dead Americans was Saddam worth? And our judgment was not very many, and I think we got that right."

[BlueInWI]

Trickle down economics comes through again!!

It didn''t work in the 1980s and version 2 is an even bigger failure.

Our standard of living, and now home values, are trickling down the toilet. Meanwhile millionaires pay 15% on their unearned investment income, corporations real tax rate is the lowest in history at around 6% due to all the special intere$t loopholes (was in the low 20s in the mid 1980s) while earned income tax rates for the middle class haven''t changed much at all.

Now if we just eliminate the estate tax so the Bush/Cheney daughters won''t have to pay any taxes on their Haliburton enriched trust funds then we''ll all be sitting pretty. Also, Paris Hilton will save big $$$ on her unearned inheritance income.

Anyone else planning to retire abroad like me? Last one out turn off the lights in the ''intelligent design'' classes. Invest in more advanced economies.

[fascistusa]

The sooner our Economy CRASHES... the sooner we''ll go into REVOLUTION.

The Sheeple must lose their comfort. Their television. Their boring, mindless lives must be upset. Then, we will see the herd move...

ZEITGEISTmovie.com.

[nyckate]

How could anyone have not expected this? THe mainstay of the country is the middle class and our ability to maintain our bills and at the same time to spend, spend, spend...

The tax cuts for the wealthy have not benefited the middle class and have not been put back into the economy by the wealthy.

The Middle Class have had stagnant paychecks for close to 6 years and at the same time seen incredible rises in cost of everything from milk and cereal to gas to clothes to insurance payments.

To the fools who thought Richie Rich Kid Trust Fund Baby Bush was going to help ya''ll - shame on you for being THIS stupid.

[feelfree1]

It is funny to watch these greedy Wall Street dimwits reap what they have sewn.