Comments on: Markets Drop Amid Mortgage Worries

Dow Falls 128 Points As Investors Assess Dangers Faced By Freddie Mac, Fannie Mae

Add a Comment See all 247 Comments
by whitemale08 July 12, 2008 5:50 PM EDT
It took 30 years including 3 Republican Presidents to use Keynesian garbage and trickle-down stupidity to destroy our economy.

The false religion of ''supply-side'' economics as practiced Republicans is the mis-guided belief that the supply of production and credit will create its own demand.

Supply-side theory is illogical because it doesn''t include the automatic destruction of the "demander" or consumer to pay back the supplied debt.

It''s stupid folks and its ideas should be rejected.

Reply to this comment
by whitemale08 July 12, 2008 5:22 PM EDT
Jimmy Carter deja vue all over again! Thanks to the Reid-Pelosi Congress we will be celebrating $10 a gallon for gasoline. Vote these jerks OUT!


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

Posted by RingADing3 at 11:32 PM : Jul 11, 2008-

You have no idea what you are talking about.

Jimmy Carter and Volcker, two economic superheroes stopped our economy from being vaporized by Nixon & Milton Freidman, two economic super dummies.

They had to quickly raise interests rates to stop the inflation created by Republican Richard Nixon transforming our currency from gold to debt.
Reply to this comment
by pjones501 July 12, 2008 4:06 PM EDT
*In this time of crisis, we need the Best.

We need Experience. We need Hillary and Bill.

Under the Clinton administration, the average income went from $43,000 to $49,000 a year. The budget was balanced and inflation, including oil and gas prices, were kept in check.

We can still have Hillary.

It IS up to US. All we have to do is let it be known that Hillary backers are NOT going to vote for Obama under any condition. Thats all it takes. If we don''t play thier game with them, there is no game and the candidate that most Democrats cast their votes for in the Primary will be the next President of the United States.
Write in Hillary''s name on the November ballot. Call your local voting place,
(on your registration card) and find out if you have to do anything special to receive a write in ballot. In some states you have to be registered as an
Independent. Do this before October 1st.

REMEMBER!! Obama is just the "presumptive" Democratic Candidate. The Super

Delegates, who can change their votes right up until the last minute, can

still make Hillary Clinton the Democratic Candidate at the Democratic National

Convention in August.

LET THEM KNOW YOU WANT HILLARY!!!!!
Reply to this comment
by txgrouch2006 July 12, 2008 3:28 PM EDT
McVet wrote
I KNOW the last time we had ANYTHING close to sanity in the White House it was a DEMOCRAT...
------------------------
Yah, Truman was pretty good, for a Democrat.

But that was more than 3 decades ago. And I''m pretty sure Reagan measured up favorably to Truman.

Reply to this comment
by mcvet July 12, 2008 10:25 AM EDT
Stockholders are scared to death of da OBamma TAXES and are bailing out! He is bringing CHANGE all right and you will not like it!

Posted by RingADing3 at 11:35 PM : Jul 11, 2008
+ report abuse

You know this HOW?? Now I''ve lived through 3 DECADES of "Trickle Down" and Sparky I KNOW I don''t like it from PERSONAL experience. I KNOW our nation is falling down around us and it''s because we have NO MONEY to fix anything. I KNOW that when John McSame and the Republican''s took over our economy we had a BALANCED Budget and a Surplus. I know we are now in debt to the tune of 9.5 TRILLION DOLLARS AND that if these two Company''s fail and the Tax Payers bail them out we''ll add another 5 TRILLION to that. I KNOW the last time we had ANYTHING close to sanity in the White House it was a DEMOCRAT... Now tell me how YOU know what will happen from an OBAMA Presidency?? You aren''t playing with that Magic Swastika again are you?? SIEG HEIL BUSH
Reply to this comment
by danstoned July 12, 2008 10:13 AM EDT
US prime rate now 2.5%. 30 fixed year mortgages now at 6.7%. The US federal reserve that sets interest rates is working exclusively for Corporate America by giving over extended US banks a free ride, while fvcking over US, the consumer. No one country on earth is a fvcked up these days as the United Snakes of Conservative fascism. Thank God I have another place to live outside this pitifully forsaken country, in Eastern Europe
Reply to this comment
by cheetah-man7 July 12, 2008 10:07 AM EDT
The chain reaction started SIXTEEN YEARS AGO when a smart-aleck candidate joked "I didn''''t inhale." And won.

It''''s all been pretty much a mindless sled ride after that.

It''''s not the Democrats. It''''s not the Republicans. It''''s

SIXTEEN YEARS OF BABY BOOMERS.

Slick Willy is a Boomer. Dubya is a Boomer. Hillary is a Boomer. Arnold Schwarzenegger is a Boomer. Joseph Hazelwood is a Boomer. 60% of Congress are Boomers.

I THINK THAT EXPLAINS EVERYTHING...


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

Posted by txgrouch2006

__________________________

uh, OK... I belive you! Are you part of one of the many cults in Texas by chance?
Reply to this comment
by condumbism July 12, 2008 10:02 AM EDT
Closet neocon John McCain. It has taken over 25 years to finally expose closet neocon McCain. The last thing America needs at this point is another right wing radical in the white house. The John McCain of today is NOT the John McCain of the past. John McCain is now nothing more than a Republicons used car salesman. I have no idea what John McCain stands for.
Reply to this comment
by ringading3 July 12, 2008 2:35 AM EDT
Stockholders are scared to death of da OBamma TAXES and are bailing out! He is bringing CHANGE all right and you will not like it!
Reply to this comment
by ringading3 July 12, 2008 2:32 AM EDT
Jimmy Carter deja vue all over again! Thanks to the Reid-Pelosi Congress we will be celebrating $10 a gallon for gasoline. Vote these jerks OUT!
Reply to this comment
by July 12, 2008 2:05 AM EDT
It''ll all come clear to me as soon as I check my astrology chart....
Reply to this comment
by txgrouch2006 July 12, 2008 1:30 AM EDT
Irishwench wondered
What and how exactly, does that explain?
---------------------
Joseph Hazelwood: captain of the Exxon Valdez; born 1946 (you DO remember the Exxon Valdez, don''t you?)

George W Bush: former drug addict; born 1946

Bill Clinton: impeached; born 1946

Hillary Clinton: most hated woman in America; born 1947

Arnold Schwarzenegger: his name is BOUND to come up in a major news story sooner or later; born 1947

Congress: the body of elected representatives that collectively makes our laws; 60% of them born 1946-1964

Now, Irishwench, perhaps you feel that everything in our nation is just hunky-dory. But if you''re one of the growing number of us who feels that a growing number of things are amiss, perhaps it behooves us to consider WHO IS RESPONSIBLE for the government (or lack thereof) that is presiding over the current circumstances.

When we notice that such an ASTONISHING NUMBER OF THEM were born around 1946-1947, THIS MUST BE TELLING US SOMETHING....

Think, think, think, golly what could it be...?
Reply to this comment
by providence20 July 12, 2008 1:19 AM EDT
Shipwrecksoul.blogspot.com
Reply to this comment
by providence20 July 12, 2008 1:19 AM EDT
Shipwrecksoul.blogspot.com
Reply to this comment
by providence20 July 12, 2008 1:19 AM EDT
Shipwrecksoul.blogspot.com
Reply to this comment
by providence20 July 12, 2008 1:18 AM EDT
Markets, lying, Wars, Fires, floods, tornadoes, crimes, bad economy, gas prices, food prices, no jobs and losing of homes? Sounds a bit like Pharaoh saying no to God when Moses told him about the Lord?
Maybe, if we wanted a healthier better America we should turn to God to heal our land? Just think? It happened another time in the annuals of history? Yeah God was going to destroy this place called Nineveh and the people repented and God spared them. We could do this in America?
Reply to this comment
by txgrouch2006 July 12, 2008 12:30 AM EDT
gracchus1 wondered
I just wonder if this bank is the domino that will start the chain reaction
--------------------
The chain reaction started SIXTEEN YEARS AGO when a smart-aleck candidate joked "I didn''t inhale." And won.

It''s all been pretty much a mindless sled ride after that.

It''s not the Democrats. It''s not the Republicans. It''s

SIXTEEN YEARS OF BABY BOOMERS.

Slick Willy is a Boomer. Dubya is a Boomer. Hillary is a Boomer. Arnold Schwarzenegger is a Boomer. Joseph Hazelwood is a Boomer. 60% of Congress are Boomers.

I THINK THAT EXPLAINS EVERYTHING...

Reply to this comment
by txgrouch2006 July 12, 2008 12:27 AM EDT
melchg wrote
McCain wants him to be treasurer.
--------------
Not anymore.
Reply to this comment
by gracchus1 July 12, 2008 12:15 AM EDT
BajaJohn1,

I agree. I just wonder if this bank is the domino that will start the chain reaction?
Reply to this comment
by txgrouch2006 July 11, 2008 11:58 PM EDT
sidvicious44 wondered
Is the continent floating off somewhere?
---------------
No, just the Boomers. They''re always "floating off" somewhere or another, in a purple haze or whatever...
Reply to this comment
See all 247 Comments

Exclusive Webshow

Mike Huckabee on GOP "rock stars," 2012, health care reform and more. Watch Now

Latest News
News in Pictures
Scroll Left Scroll Right
Connect with CBS News

Stay connected with the CBS News using your favorite social networks and online news applications: